The Denver Broncos on Monday notified quarterback Russell Wilson he will be released when the new NFL season officially opens next Wednesday, thus bringing closure to the worst transaction in team history.

It was also will go down as the NFLs worst trade since the infamous Herschel Walker deal between the Vikings and Cowboys in 1989.

By releasing Wilson now, the Broncos essentially will pay him $124 million for two years of service and 11 wins.

Not bad work if you cant find it.

The timing of the release means the Broncos will split their dead cap hit between the 2024 and 2025 seasons. The split will either be $53 million in 2024 and $32 million in 2025, or $35.4 million in 2024 and $49.6 million in 2025, a source told 9NEWS.

Read more: https://www.9news.com/article/sports/nfl/denver-broncos/mike-klis/russel-wilson-released-denver-broncos/73-f2ae5baa-d030-4585-8acb-00ed04976369