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The tenure of Russell Wilson with the Denver Broncos, initially met with high expectations to fill the franchise quarterback void, seems to be reaching an unexpected end after less than two seasons. Broncos coach Sean Payton recently declared that Wilson would be benched in favor of Jarrett Stidham for the final two games of the 2023 NFL season, indicating a significant shift in the team’s strategy.
Payton explained that the decision was aimed at obtaining an offensive spark for the team. While Wilson’s performance has been relatively efficient—completing 66.4% of his passes for 3,070 yards, 26 touchdowns, and eight interceptions—the Broncos’ inability to consistently convert drives into points has been a concern. The team ranks 22nd in red-zone touchdown percentage (50.91%) and 16th in points per game (21.8), falling short of Payton’s expectations. Moreover, Denver’s offensive yardage, averaging 298.2 yards per game, stands at a modest 25th in the league, further contributing to the decision to make a change at quarterback.
However, a substantial financial factor also influenced the Broncos’ decision to bench Wilson. His contract includes an injury guarantee for 2025 amounting to $37 million. By benching him, Denver aims to avoid this potential expense if they decide to part ways with Wilson in the upcoming offseason.
According to reports, the Broncos intend to release Wilson before the $37 million injury guarantee converts into a full guarantee in March. This move will incur a massive dead-cap charge of $89 million, making it the largest in NFL history. Yet, from a salary cap standpoint, it could be justified, as the team would save $37 million in cash by parting ways with Wilson.
The handling of Wilson’s situation drew scrutiny, particularly regarding reports that the Broncos attempted to coerce him into altering his contract during the season. Wilson declined to make changes, prompting the team to bench him in favor of Stidham. Many NFL fans and analysts criticized the reported threats made to Wilson, praising his professionalism and handling of the situation.
Despite the controversy, Wilson remains composed, expressing gratitude and optimism for the future in a brief social media post. As the Broncos prepare to move on from Wilson, the NFL community awaits his future destination once he becomes available in the 2024 NFL offseason.