The Russell Wilson era in Denver has officially come to a close. The Broncos announced Monday that the organization will be moving on from the 35-year-old as their quarterback.
The announcement comes two years after their trade with the Seattle Seahawks where they surrendered two first-round, two second-round and a fifth-round pick in addition to Drew Lock, Shelby Harrison and Noah Fant. The Broncos also handed Wilson a five-year, $242.6 million contract extension with hopes that he would be their franchise quarterback for the foreseeable future.
However, things clearly did not go to plan. The Broncos went 11-19 in games started by Wilson during his tenure. The veteran threw for 6594 yards, 42 touchdowns and 19 interceptions in those 30 games.
“We spoke with Russell Wilson [Monday] to inform him of his release after the start of the league year,” coach Sean Payton and general manager George Paton said in a joint statement released on X. “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 also took to social media to thank the Broncos organization.
“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,” Wilson wrote in his 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.”
The Broncos will take a $85 million dead cap hit for releasing Wilson early from his contract.