When Russell Wilson is officially released by the Broncos at the start of the NFL league year March 13, the team will take an $85 million hit in dead money against its salary cap over the next two seasons. Why? Because Wilson will have been cut before he even started the five-year extension he signed in 2022, a few months after he was traded from the Seahawks.
Since a significant portion of that extension included guaranteed money, the Broncos are now faced with the biggest dead money charge in league history.