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Broncos' Updated Salary Cap After Russell Wilson's Release Leaves $85M in Dead Cap

Related Topics: Denver Broncos, Russell Wilson

The Denver Broncos notified quarterback Russell Wilson that he'll be released after the new league year begins on March 13, the team announced on Monday.

Wilson initially signed a massive five-year deal worth $242.6 million with the Broncos in 2022, although he finished with a record of just 11-19 as a starter in Denver while the team failed to make the playoffs in both 2022 and 2023.

While his 2024 salary of $39 million is already guaranteed, the release allowed the Broncos to avoid his $37 million 2025 salary becoming fully guaranteed on March 17.