The Great Denver Debacle: How Much Dough Do They Still Owe Russell Wilson?
The Denver Broncos' gamble on Russell Wilson might go down as one of the most epic "Oops, I dropped the football" moments in NFL history. But hey, at least they have a shiny new quarterback... right? Well, about that... there's a little snag. A financial snag, to be precise. Buckle up, Broncos fans (and everyone else who enjoys a good sports saga), because we're about to dissect the burning question: how much cheese are the Broncos still on the hook for with Russell Wilson?
The Short Answer (for those with the attention span of a squirrel): A whole lot. We're talking $37.79 million for the 2024 season, thanks to a little thing called a guaranteed contract (and Wilson's new, very affordable deal with the Pittsburgh Steelers).
Tip: Break it down — section by section.
The Long Answer (for the financial masochists among us): This whole situation is a bit of a salary cap nightmare for the Broncos. They showered Wilson with guaranteed money when they traded for him, which basically means they said, "Hey Russ, here's a giant pile of cash, no matter what happens, it's yours!" Unfortunately, things didn't exactly work out romance-novel style on the field. So, the Broncos cut Wilson loose, hoping they could wash their hands of the whole thing. But here's the kicker: Wilson's contract has a "no-cut clause with offset language." In layman's terms, that means if another team signs Wilson for less than $39 million (which, let's be honest, they probably will), the Broncos gotta pony up the difference. Ouch.
QuickTip: Repetition signals what matters most.
Fun Fact: The $37.79 million the Broncos owe Wilson is roughly the same amount it would cost to buy:
QuickTip: Read actively, not passively.
- 3 seasons worth of Nathan MacKinnon's dazzling smile (and hockey skills)
- 1.5 seasons of Kris Bryant contemplating life's big mysteries
- Just under 4/5 of a season of Nikola Joki?'s pure basketball magic (Although, come on, who would want less Jokic?)
So, the Broncos are basically stuck footing the bill for a quarterback who's not even playing for them. But hey, at least they have some impressive financial fair play cred, right? Right?
QuickTip: Absorb ideas one at a time.
How Much Does Denver Still Owe Russell Wilson |
How To FAQs:
- How to avoid a Denver-sized financial blunder? Answer: Read the fine print very, very carefully.
- How to become a millionaire (the easy way)? Answer: Become a star athlete with a good agent who negotiates ironclad contracts.
- How to understand the NFL salary cap? Answer: Maybe take a master's degree in accounting. Or just enjoy the drama.
- How to impress your friends with your knowledge of obscure sports trivia? Answer: Casually mention the Denver Broncos' Russell Wilson situation. Bonus points for knowing who Nathan MacKinnon is.
- How to get rich quick betting on the NFL? Answer: This is probably not a good idea. Just stick to enjoying the games.