The option was worth $7 million, and per Over The Cap, it guarantees $7 million of Miller’s base salary in 2021. The final year of his six-year contract calls for a total base salary of $17.5 million and an additional $500,000 workout bonus.
Miller missed the 2020 season after suffering a dislocated peroneal tendon in his ankle. He suffered the injury in practice heading into Week 1 and was placed on injured reserve. Prior to the injury, he had missed one game dating back to a 2013 suspension. In 2019, he had eight sacks in 15 games. That snapped a five-season streak of double digit sacks, including 14.5 in 2018.
He returns to a Broncos pass rush that ranked 19th in adjusted sack rate last season. Malik Reed led the team with eight sacks and Bradley Chubb had 7.5.