Russell Wilson Contract Details: What the Steelers and Broncos Owe the QB in 2024 Salary
As the NFL landscape shifts with each passing season, the contracts of star players often become a focal point for fans and analysts alike. One such player is Russell Wilson, the former Super Bowl champion and nine-time Pro Bowler, whose recent contract details have garnered significant attention. As we head into 2024, both the Pittsburgh Steelers and the Denver Broncos will have financial implications stemming from Wilson’s contract. Here’s a closer look at what both teams owe the quarterback in the upcoming season.
Contract Breakdown
Russell Wilson signed a five-year, $245 million contract extension with the Denver Broncos in 2022, a deal that was among the richest in NFL history at the time. This contract included a substantial signing bonus, guaranteed money, and various incentives.
In 2024, Wilson’s base salary will be $17 million, which is a relatively modest figure considering the market for elite quarterbacks. However, the Broncos also have a significant amount tied up in his overall cap hit, which is projected to be around $35 million for the 2024 season. This figure includes not only his base salary but also prorated signing bonuses and other bonuses that could be activated based on performance metrics.
#### Salary Cap Implications for the Broncos
The Broncos are keenly aware of their financial obligations to Wilson as they look to improve their roster. With a $35 million cap hit, they need to balance their spending in free agency while also managing Wilson’s contract. If the Broncos decide to release or trade Wilson, they could incur a dead cap hit of around $49 million in 2024, which complicates their financial flexibility. This means that, barring an unexpected turnaround in Wilson’s performance or a significant roster shift, the Broncos are likely committed to him for at least one more season.
#### Pittsburgh Steelers’ Interest
While the Steelers are not directly responsible for Wilson’s contract, their potential interest in acquiring him could shape the landscape of the AFC. The Steelers are in a transitional phase, evaluating their quarterback situation, and Wilson’s experience could be appealing. If the Steelers were to pursue a trade, they would need to consider not only Wilson’s salary but also the draft capital required to facilitate a deal with the Broncos.
Should a trade occur, the Steelers would take on Wilson’s remaining contract obligations, which include the base salary, bonuses, and any financial incentives. This would require careful financial planning, especially as the Steelers look to build a competitive team around their new quarterback.
#### Performance and Future Considerations
Wilson’s performance in 2023 will play a crucial role in shaping his future with the Broncos and potentially with the Steelers. If he can return to form and deliver on the promise he showed earlier in his career, the Broncos may view him as a valuable asset moving forward. Conversely, if struggles continue, they may explore options to offload his contract.
For the Steelers, monitoring Wilson’s 2023 season will help them make informed decisions regarding their own quarterback situation. Whether they pursue a trade or continue to develop their current roster, Wilson’s performance will undoubtedly influence their strategy.
### Conclusion
Russell Wilson’s contract situation is a pivotal topic as the NFL heads into 2024. For the Denver Broncos, the commitment to Wilson represents both a financial and strategic decision, while the Pittsburgh Steelers remain watchful, potentially eyeing opportunities that could reshape their quarterback room. As the season unfolds, all eyes will be on Wilson to see if he can reclaim his status as one of the league’s elite quarterbacks and how that impacts both franchises financially and competitively.