In a surprising turn of events, the Denver Broncos have informed quarterback Russell Wilson of his impending release, effective at the start of the new league year on March 13, 2024. This decision comes after a two-year tenure that began with high expectations but ultimately fell short of aspirations.
Wilson, 35, was acquired by the Broncos in March 2022 through a blockbuster trade with the Seattle Seahawks, which included multiple high draft picks and players. He subsequently signed a five-year, $242 million extension, signaling the franchise’s commitment to him as their cornerstone quarterback. However, over two seasons, Wilson’s performance yielded an 11-19 record as a starter, leading to the team’s decision to move in a different direction.
In a heartfelt message to fans and teammates, Wilson expressed his gratitude:
> “Over these last two years, you have welcomed my family and me with open arms and have embraced us as members of the Denver community. This city will always hold a special place in my heart.”
He also acknowledged his teammates, highlighting memorable moments shared on the field. Notably, Wilson omitted any mention of head coach Sean Payton and general manager George Paton, reflecting possible underlying tensions.
The Broncos’ decision to release Wilson carries significant financial implications. The team will incur an $85 million dead cap hit over the next two seasons, marking the largest in NFL history. Despite this, the move allows Denver to avoid a $37 million injury guarantee for the 2025 season that would have been triggered this month.
As Wilson enters free agency, several teams may express interest in the veteran quarterback. His departure marks the end of a chapter that began with promise but concluded prematurely, leaving Broncos fans reflecting on what might have been.
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