There’s a decent chance that the Denver Broncos will opt to move on from former Super Bowl MVP Von Miller during the NFL offseason. Denver has a $22.23 million option on the star pass rusher’s contract for the 2021 season. It can save $18 million against the salary cap by declining said option.
For the Broncos, moving on from one of the best defenders in franchise history would be a bitter pill to swallow. Unfortunately, the finances may dictate their decision.
Even after making ample moves to cut their payroll ahead of NFL free agency, the Broncos are an estimated $46.39 million under the cap. In addition to the Von Miller situation, Denver has to retain a key defender in Pro Bowl safety Justin Simmons. That should cost north of $12 million annually.