ENGLEWOOD, Colo. — The future of quarterback Russell Wilson with the Denver Broncos remains uncertain as owner/CEO Greg Penner, general manager George Paton, and coach Sean Payton have not made a decision yet. Despite missing the playoffs for the eighth consecutive year and concluding the 8-9 season with a loss to the Las Vegas Raiders, there is a possibility that Wilson could return in 2024.
During a meeting on Monday, Payton discussed various scenarios with Wilson, including the potential of his return. However, the final decision has not been reached, and the team intends to communicate any updates to Wilson as soon as possible.
While many expect the Broncos to release Wilson in the coming weeks, Penner and Paton emphasized that the discussions with Wilson and his representatives have been handled in “good faith.” They confirmed that the team had engaged in negotiations to adjust Wilson’s contract during the bye week but were unable to reach an agreement.
There were rumors that Wilson’s benching for the final two games of the season was related to contract disputes. However, Paton clarified that the decision to bench Wilson was solely a football-related choice made by Payton for the team’s best interest.
If the Broncos decide to release Wilson, it would carry significant salary cap implications for the team. The “dead money” charges against Denver’s salary cap would amount to $35.4 million in 2024 and $49.6 million in 2025, making it the largest dead money charge in NFL history.
Despite the financial impact, Penner emphasized that the decision would prioritize the team’s success on the field rather than the financial considerations.
The Broncos are currently reflecting on their options and are expected to reach a conclusion in the near future. Until then, the uncertainty surrounding Russell Wilson’s future with the team remains.