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Report: Broncos to exercise Von Miller option for 2021

Miller is coming back from an ankle injury that cost him the 2020 season.

Linebacker Von Miller #58 of the Denver Broncos stands on the field as defensive backs practice during a training session at UCHealth Training Center on September 2, 2020 in Englewood, Colorado. Photo by Dustin Bradford/Getty Images

The Denver Broncos are going to bring back Von Miller for one more season. The team held an option on the edge rusher’s final contract year and has elected to exercise it, according to Troy Renck.

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.