How Much Does Denver Still Owe Russell Wilson

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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).

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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.

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Fun Fact: The $37.79 million the Broncos owe Wilson is roughly the same amount it would cost to buy:

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  • 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?

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Frequently Asked Questions
How Much Does Denver Still Owe Russell Wilson
How Much Does Denver Still Owe Russell Wilson

How To FAQs:

  1. How to avoid a Denver-sized financial blunder? Answer: Read the fine print very, very carefully.
  2. How to become a millionaire (the easy way)? Answer: Become a star athlete with a good agent who negotiates ironclad contracts.
  3. How to understand the NFL salary cap? Answer: Maybe take a master's degree in accounting. Or just enjoy the drama.
  4. 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.
  5. How to get rich quick betting on the NFL? Answer: This is probably not a good idea. Just stick to enjoying the games.
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Quick References
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bizjournals.comhttps://www.bizjournals.com/denver
denverchamber.orghttps://www.denverchamber.org
denvergov.orghttps://www.denvergov.org/Fire
weather.govhttps://www.weather.gov/bou
kdvr.comhttps://kdvr.com

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