Breaking News: Broncos to Release Quarterback Russell Wilson

🔔The Broncos will release quarterback Russell Wilson after the league year begins, resulting in a record $85 million dead cap hit.

💰Denver owes Russell Wilson $39 million for the upcoming season.

👥Wilson's next team can sign him for a minimum salary deal and potentially get a bargain if he performs well.

🔄The market for Russell Wilson will depend on the outcome of other quarterback situations, including Kirk Cousins' free agency and the upcoming draft.

🏈The Broncos may consider drafting a quarterback in next month's draft.

Why are the Broncos releasing Russell Wilson?

—The Broncos are releasing Russell Wilson to free up cap space and potentially explore other quarterback options.

How much does Russell Wilson owe for the upcoming season?

—Russell Wilson is owed $39 million for the upcoming season by the Denver Broncos.

Can Russell Wilson sign with any team?

—Yes, Russell Wilson can sign with any team as a free agent, but any money he makes will be offset against the guaranteed money he is owed by the Broncos.

Where could Russell Wilson potentially sign?

—Possible destinations for Russell Wilson include Las Vegas, New England, and Atlanta, depending on other quarterback situations.

Will the Broncos consider drafting a quarterback?

—Yes, the Broncos may consider drafting a quarterback in next month's draft.

00:00Breaking news: The Denver Broncos will release quarterback Russell Wilson after the league year begins.

00:08Denver owes Wilson $39 million for the upcoming season and will absorb a record $85 million dead cap hit.

00:22Wilson's next team can potentially sign him for a minimum salary deal and get a bargain if he performs well.

01:16The market for Russell Wilson will depend on the outcome of other quarterback situations, including Kirk Cousins' free agency and the upcoming draft.

01:45The Broncos may consider drafting a quarterback in next month's draft, according to Mel Kiper Jr.