Miller gives up $47 million in new deal

So how much did the new NFL collective bargaining agreement and its rookie salary caps cost former Texas A&M linebacker Von Miller, the number 2 overall draft pick this year by the Denver Broncos?

Well, last year’s number 2 pick NDamakan Suh signed for $68 million over five years or about $13.6 million a year.

Yesterday it was reported that Miller signed for $21 million over four years or about $5.2 million a year. So yes, the new deal cost Miller about $47 million total or about $8 million a year.

But he told the media in Colorado that he believed he would make it up in future contracts and that he’s been playing football all his life for free anyway so he wasn’t worried about it.

The second overall selection in the NFL draft said he has no regrets over staying in school, suing the NFL or missing out on some $50 million.

The Denver Broncos’ new linebacker was expected to sign a four-year deal worth about $21 million on Wednesday as players, including in-limbo quarterback Kyle Orton, reported to Dove Valley for new coach John Fox’s first training camp.

Miller would have been in line for about $70 million had the rookie salary structure not changed with the new labor deal, but the former Texas A&M pass-rusher figures he’ll make it up down the line.

Last year’s No. 2 pick, Detroit defensive standout Ndamukong Suh, signed a five-year deal worth $40 million guaranteed and as much as $68 million overall.
     (Copyright 2011 by The Associated Press.  All Rights Reserved.)

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