The new collective bargaining agreement includes a rookie wage scale, which is designed to shift more money to veterans rather than rookies who have yet to play a down. Denver Broncos linebacker and No. 2 overall pick Von Miller is one of the top rookies hit by this new rule.
According to Lindsay H. Jones of the Denver Post, Miller's rookie contract will be a standard four-year deal with an option for the fifth. His total compensation will be under $30 million. He received less than half of what the Detroit Lions gave defensive tackle Ndamukong Suh as the No. 2 overall pick in 2010. He received $60 million over five years, $40 million of which was guaranteed.
But Miller will find a richer contract awaiting him at the end of the deal if he is as great of a player as we all hope he will be. And that, after several months, begins now.
UPDATE: The Broncos have $8,118,404 in their rookie pool allotment, more than any of the of the AFC West teams. This is, as ESPN's Bill Williamson points out, a result of having to pay the No. 2 overall pick.