ENGLEWOOD,Colo. — Broncos outside linebacker Von Miller has agreed to convert a colossal chunk of his salary for next season into a signing bonus to benefit the team clear salary cap space. Miller is converting $16 million of his $18.5 million salary into the signing bonus, which can be prorated against the salary cap over the length of the six-year contract. The conversion means Miller’s salary cap hit will be reduced by $12375000, and going from $22.5 million to $10125000. […]
Source: kwgn.com