Von Miller just got more expensive to re-sign

After Fletcher Cox re-signed with the Philadelphia Eagles for $63 million guaranteed, Von Miller’s price tag got even more expensive for the Denver Broncos…
The price tag for Von Miller just got more expensive.
John Elway’s initial proposals to Miller not look incredibly laughable compared to what the Philadelphia Eagles just paid to defensive lineman Fletcher Cox, who received the highest guarantee of any non-QB in league history with $63 million over six seasons.
Eagles and Fletcher Cox agree to 6-year, $103M extension that includes $63M gtd, per sources. Highest guarantee for a non-QB in NFL history.
— Adam Schefter (@AdamSchefter) June 13, 2016
In reality, this is horrendous news for John Elway, who was trying to retain Von Miller for just $39 million guaranteed in the first two years of a new contract. Miller might even crop Elway out of another picture now.
The deal signed by Cox is something Miller and his agent will unquestionably bring to the table, and this could either be really bad or really good for the Broncos. Perhaps Miller would take less total money in a contract for more guaranteed up front.
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Perhaps this number is something the Broncos saw coming at some point or another, and they can now just offer Miller a bit more than Cox in guaranteed money on a new contract. The problem is, it doesn’t seem as though John Elway is overly willing to do that.
Can the Broncos afford it? Yes. Should they invest that much money into one player?
If you do it for anyone, it should be Von Miller, the Super Bowl MVP and the best player on the Broncos without any question.
Miller might be the best player the Broncos have had since John Elway and Terrell Davis left.
He needs to be re-signed at any cost. That cost just got substantially higher.