The Denver Broncos made headlines on Monday afternoon when they finally made a decision on their quarterback. In releasing Russell Wilson, they’ll be pulling the plug on a failed two-year experiment, and will be looking for a new signal caller for the future this NFL off-season.
But they’re certainly not done paying him. Wilson will remain on Denver’s payroll for both 2024 and 2025, as he represents the biggest dead cap hit in league history thanks to the gaudy contact that he signed that included hoards of guaranteed money.
The 5 Biggest Dead Cap Hits In NFL History
By releasing Russell Wilson, the #Broncos will take on an NFL record $85M in dead money.
For context: That’s more than the last two dead money records **combined.** pic.twitter.com/VhTNZ0O8PQ
— Ari Meirov (@MySportsUpdate) March 4, 2024
Just how much bigger is his price tag compared to others that have been traded or released in the past? Here are the five biggest cap hits in NFL history:
5. Russell Wilson – Seattle Seahawks
2022 dead cap hit: $26 million
Wilson is on the list twice. When the Seahawks traded him to the Broncos back in 2022, they saved $11 million, but still had to pay $26 million during his first year in Denver. Like his current situation, his contract back then was loaded with guaranteed money, which resulted in the dead cap money for Seattle that season.
4. Carson Wentz – Philadelphia Eagles
2021 dead cap hit: $33.8 million
In terms of what he accomplished for the franchise paying him the money, Wentz is certainly the worst name on this list. He was technically a Super Bowl winner with Philadelphia, but it was Nick Foles who lead the team to glory and eventually won Super Bowl MVP. In order to lower his cap hit when he signed his big contract, the Eagles gave Wentz more money via signing bonus, which would up costing them nearly 20% of their entire payroll in 2021 while he played for the Colts.
3. Aaron Rodgers – Green Bay Packers
2023 dead cap hit:…
Source link : https://sportslens.com/news/the-5-biggest-dead-cap-hits-in-nfl-history/
Author : Anthony R. Cardenas
Publish date : 2024-03-04 23:59:01
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