"Broncos Release Russell Wilson, Take Massive Cap Hit; Wilson Signs 1-Year Deal with Steelers"

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Source: NBC Sports
"Broncos Release Russell Wilson, Take Massive Cap Hit; Wilson Signs 1-Year Deal with Steelers"
Photo: NBC Sports
TL;DR Summary

The Denver Broncos have released Russell Wilson, opting to take a $53 million cap charge in 2024 instead of spreading it over two years, as was expected. This move ends their relationship with Wilson and allows him to join the Steelers for a minimum salary, while the Broncos owe him $37.8 million this year.

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