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Broncos prepared to place exclusive franchise tag on Von Miller

Optimism remains, but the reality of a deadline has intervened. The Broncos have been encouraged by contract talks with Von Miller, but barring a last-minute agreement, they are expected to place the exclusive franchise tag on the outside linebacker before Tuesday's deadline.

Talks gained momentum last week at the NFL combine when general manager John Elway met with Miller's agent. The franchise tag represents a tool for the team to buy time to negotiate a deal before July 15. It would guarantee Miller a one-year salary of $14.04 million if a longterm deal is not secured.

The Broncos' three previous franchise tag players all agreed to longterm contracts: left tackle Ryan Clady, kicker Matt Prater and receiver Demaryius Thomas.