Denver Broncos sign DT Jordan Miller

Jordan Miller's signing earns a C Contract Value Index (CVI)—a middling value proposition that reflects the inherent risk of roster-fringe depth acquisitions in the preseason window. At $885K total on what appears to be a low-commitment deal, the Broncos are paying replacement-level money for a defensive lineman battling for a final 53-man roster spot, which is exactly the price point you'd expect for that tier of player. The salary structure suggests minimal guaranteed money and no long-term financial commitment, insulating Denver against downside risk; this is the kind of probe signing front offices make to evaluate camp performance before deciding on retention. What's unclear from the contract architecture alone is whether Miller projects as depth insurance or a true developmental prospect, but given the modest AAV and timing during preseason evaluation, the CVI reflects appropriate caution—Denver isn't overpaying, but there's also limited upside if he doesn't stick. For a team sitting at the #1 AFC seed with a 14-3 record, this is the kind of low-risk, low-reward move that rounds out the roster without creating long-term cap drag. The C grade signals fair value for a speculative depth bet at a critical juncture in the roster-construction calendar.