The Denver Broncos, often simply referred to as the Broncos, are a professional American football team based in Denver, Colorado. They compete in the National Football League (NFL) and are part of the American Football Conference (AFC) West division.
Russell Wilson is a veteran quarterback who previously played for the Seattle Seahawks before being traded to the Broncos in 2022.
While the Broncos and Wilson have parted ways, Denver still owes him $39 million for the 2024 NFL season. This is because Wilson’s contract included guaranteed money, meaning the Broncos are obligated to pay him regardless of whether he plays for them or not.
It’s important to note that this $39 million is not his full salary. If Wilson signs with another team, the amount they pay him will be deducted from the $39 million the Broncos owe. This means the Broncos will likely end up paying him significantly less than $39 million.
Additionally, the Broncos have already paid Wilson $85 million of the $124 million they guaranteed him at signing. This includes prorated signing bonuses, option bonuses, and his fully guaranteed 2024 salary of $17 million.
Therefore, while the Broncos still owe Wilson money, the actual amount they will pay him will depend on whether he signs with another team and how much they pay him.
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The Denver Broncos: Mile High Majesty
The Denver Broncos are a storied franchise in the National Football League (NFL), boasting a passionate fanbase and a rich history. Here’s a deeper dive into their identity:
Origins:
- Founded in 1959 as a charter member of the American Football League (AFL).
- Joined the NFL in the 1970 merger, becoming part of the AFC West division.
Accolades:
- Three Super Bowl victories: Super Bowl XXXII (1998), Super Bowl XXXIII (1999), and Super Bowl 50 (2016).
- Eight AFC West division titles.
- Numerous individual player accolades, including Hall of Famers like John Elway, Terrell Davis, Gary Zimmerman, and Shannon Sharpe.
Home Field:
- Empower Field at Mile High: Situated in Denver, Colorado, it’s known for its unique “thin air” advantage due to the city’s high altitude.
Fanbase:
- Affectionately nicknamed “Broncos Country,” their fans are known for their passionate support and dedication, often creating a deafening roar at Empower Field at Mile High.
Current Situation:
- The Broncos are currently undergoing a period of transition. They recently parted ways with quarterback Russell Wilson after a two-year stint and are actively seeking a new franchise quarterback.
Despite the recent challenges, the Denver Broncos remain a significant force in the NFL. Their rich history, passionate fanbase, and commitment to excellence position them for continued success in the years to come.
FAQs
1. How much do the Broncos owe Russell Wilson in total?
The Broncos don’t owe Wilson anything beyond the 2024 season, but they are obligated to pay him $39 million for that year.
2. Have the Broncos already paid Wilson any money?
Yes, the Broncos have already paid Wilson $85 million of the $124 million guaranteed in his contract.
3. Will the Broncos pay Wilson the full $39 million in 2024?
No, if Wilson signs with another team in 2024, his new team’s salary will be deducted from the $39 million the Broncos owe him.
4. Why do the Broncos owe Wilson money even though they released him?
Because his contract included guaranteed money, which means the Broncos are obligated to pay him regardless of whether he plays for them.
5. Could the Broncos avoid paying Wilson anything?
No, they are guaranteed to pay him at least $39 million in 2024, even if he retires.
Content Contributor: Sridhar Naresh
