Denver Broncos offer Von Miller big payday, still no deal

DENVER, June 8 (UPI) -- The Super Bowl 50 MVP will cash in, eventually.

On Wednesday, the Denver Broncos offered outside linebacker Von Miller a six-year, $114.5 million contract.

But ESPN NFL Insider Adam Schefter reports that "no deal is in sight" for the franchise-tagged superstar.

Schefter said the deal includes $39.8 million guaranteed in its first two years.

Miller, 27, was not at the first day of minicamp Tuesday. The camp is mandatory for all players under contract. But Miller hasn't signed the franchise tender. Both sides are working to get a deal before a July 15 deadline.

Miller had 11 sacks, four forced fumbles, and three fumble recoveries last season. He has 60 sacks in five seasons as the centerpiece of the Broncos defense.

Miller made $9.7 million in base salary last season and totaled more than $6.6 million in 2014.