The Broncos informed Russell Wilson that he is being released. This ends the 2-year Russell Wilson era in Denver. This will go down not only as the worst trade in Broncos history but also one of the worst trades in NFL history. As a result of cutting Wilson, Denver will take on an $85 million cap hit (spread out over two years) which will be the largest dead cap charge in NFL history. I really can't believe that the Broncos are parting ways with Wilson after just two, albiet disappointing, seasons in Denver. Not even the hire of Sean Payton can save this situation. The Broncos thought it was better to move on now instead of paying Wilson a high salary over the next two years to try to maximize his value at the QB spot in Denver. Unfortunately, it just didn't work out in Denver, but I understand why the Broncos made this move two years ago. I also understand that Wilson wasn't coming to Denver without signing a contract extension, so unfortunately this not working out has major ramifications. The Broncos gave up so many high, premium draft picks to Seattle for Wilson, so that is the other factor that just kills the deal for Denver. I'll never forget how excited I was two years ago when Denver traded for Russ. I also remember how excited I was driving home from work listening to NFL Radio the day of the Monday Night Football opener against Seattle. It was going to be a playoff, division title, type of season with Russ leading the way. The Broncos were back in my opinion. Of course, we know what happened: Denver lost to Seattle that night and the Broncos 2022 season was a disaster for Russ and new HC Nathaniel Hackett. From there, it never worked out. It's a shame, and it will have major implications on the franchise for the next few years, but hopefully now Denver will finally solidify their QB position going forward.
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