Denver Broncos Place Franchise Tag on Von Miller

Von Miller

After Von Miller earned MVP honors at Super Bowl 50 last month, the Denver Broncos have applied their exclusive franchise tag on him this week, reports ESPN.

With the tag, Miller cannot talk to any other teams... as Denver works to secure him in a long-term contract.

"Designating Von as our franchise player gives us the time to continue working toward a long-term agreement," Broncos general manager John Elway said in a statement. "We've had productive talks with Von's representation, and we'll continue those discussions with the goal of making sure Von remains a Bronco well into the future."

Unless both sides reach a long-term deal by July 15, Miller will make the average of the top-five salaries of his position for the year.

In Super Bowl 50, Miller had 2.5 sacks and two forced fumbles, leading the Broncos to a 24-10 win over the Carolina Panthers. Last season, he recorded 11 sacks, 35 tackles and four forced fumbles, earning him his fourth Pro Bowl selection. And, in his career, Miller has 60 regular-season sacks.

He's just the fifth player in franchise history to get the franchise tag, joining Jason Elam (2002), Matt Prater (2012), Ryan Clady (2013) and Demaryius Thomas (2015).