Broncos to release Wilson, face $85M dead money hit

The Denver Broncos Shake Up Quarterback Position by Releasing Russell Wilson

The Denver Broncos have made a bold move by deciding to release nine-time Pro Bowl quarterback Russell Wilson after a tumultuous two-season run with the team. Coach Sean Payton and general manager George Paton informed Wilson of their decision, thanking him for his contributions but ultimately parting ways with the veteran player.

During his time with the Broncos, Wilson struggled to lead the team to success on the field, with an 11-19 record in his starts over two seasons and failing to make the playoffs. The team will also face an $85 million hit in dead money over the next two seasons due to Wilson’s release.

Wilson, who was acquired from the Seattle Seahawks two years ago in a high-stakes trade, played under three head coaches during his time with the Broncos. Now at 35 years old, he will enter the free-agent market in search of a new opportunity to continue his career in the NFL.

In a statement released following his release, Wilson thanked the city of Denver, his former teammates, and others, but notably did not mention Payton, Paton, or team ownership. He expressed his desire to win and find a team that truly wants him as he looks for his next NFL opportunity.

The decision to release Wilson likely came after discussions about adjusting his contract and a disagreement over financial terms. The Broncos have maintained that benching Wilson with two games remaining in 2023 was a football decision made by Payton, independent of any financial considerations.

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As Wilson now looks for a new team to take a chance on him, the Broncos are moving forward with a new direction at the quarterback position, signaling a significant change in the team’s future plans.

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