Updated 3:36 p.m. ET Friday, July 29
The Broncos agreed to terms with the No. 2 overall pick in April's draft, OLB Von Miller.
"We have agreed to terms with our 1st round pick, LB Von Miller. Can't wait to get him on the field," Broncos executive VP of football operations John Elway said.
The Broncos have also come to terms on a deal with both of their second-round picks, S Rahim Moore and OT Orlando Franklin.
Denver has now signed all nine draft picks — North Carolina State LB Nate Irving (Third Round), Oklahoma S Quinton Carter (Round Four), Portland State TE Julius Thomas (Round Four), California LB Mike Mohamed (Round Six), Nevada TE Virgil Green (Round Seven) and Oklahoma DE Jeremy Beal (Round Seven).
The Denver Post reported Wednesday that, based on the new rookie pool formula, Green's contract will be worth $2.16 million.