The Denver Broncos have officially notified Russell Wilson, the nine-time Pro Bowl quarterback, of their intention to part ways.
“We spoke with Russell Wilson [Monday] to inform him of his release after the start of the league year [March 13, 4 p.m. ET],” coach Sean Payton and general manager George Paton said in a joint statement. “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. As we move forward, we are focused on building the strongest team possible for the 2024 season and beyond. We are excited to improve this offseason and will have the flexibility to get better through the draft and free agency.”
Wilson issued a statement expressing gratitude to the Denver community, various teammates, the dedicated cafeteria staff, and Ray Jackson, the Vice President of Player Development. Notably absent from his acknowledgments were any mention of Payton, Paton, or the team’s ownership.
“Over these last three years, you have welcomed my family and me with open arms and have embraced us as members the Denver community. This city will always hold a special place in my heart. Our family grew here, we made countless memories and friendships, and formed relationships that will last a lifetime,” he wrote in the statement.
“To my teammates, thank you for going to battle together and for being there through it all. There are so many moments I cherish because of you and I am blessed for the impact you have had on my life. I am beyond grateful for all of you and to have been able to run out as your teammate was an honor. Tough times don’t last, but tough people do. God’s got me. I am excited for what’s next.”
Through two years in Denver, Wilson managed a lackluster 11-19 record in his starts and didn’t make the playoffs. Payton’s decision to bench him with just two games remaining in 2023 essentially signaled the conclusion of his time as the team’s quarterback.
Upon Wilson’s arrival, the Broncos inked a hefty five-year, $242.6 million contract, but his release will incur a substantial $85 million dead money hit over the next two seasons. Now, Denver must decide what to do with that money — as well as find a new quarterback to lead the team in 2024.
