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Broncos to cut Russell Wilson, take on $85M dead money hit

Related Topics: Russell Wilson, Denver Broncos

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The Denver Broncos announced Monday that they have informed quarterback Russell Wilson that he will be released after the 2024 league year begins next Wednesday at 4 p.m. ET.

"We spoke with Russell Wilson today to inform him of his release after the start of the league year. On behalf of the Broncos, we thank Russell for his contributions and dedication to our team and community while wishing him the best as he continues his career," general manager George Paton and coach Sean Payton said in a joint statement.

"As we move forward, we are focused on building the strongest team possible for the 2024 season and beyond.