Both the Broncos and Russell Wilson have expressed the obvious desire for a long-term partnership, a scenario introduced by the historic trade package sent to the quarterback’s former team. But the sides are operating methodically here.
No negotiations are believed to have taken place yet, Jeff Howe of The Athletic notes (subscription required). Wilson is signed through the 2023 season, with the two years of remaining control — on a $35MM-per-year contract the Seahawks negotiated in 2019 — helping increase the trade package Seattle received in March.
“I’m excited to be here for a long time, and I think that will definitely happen,” Wilson said. “So we’ll see where it goes.”
Broncos GM George Paton said earlier this week the negotiations will be kept in-house but added, via Howe, “We didn’t give up all we gave up for him to be here for two years; that’s for sure.” The Broncos would have the option of a 2024 franchise tag with their new quarterback, but this situation should not be expected to reach that point. Wilson, 33, should be expected to sign a monster extension with the Broncos. If the timing of the perennial Pro Bowler’s two Seahawks negotiations is any indication, an extension during his contract-year offseason (2023, in this case) will commence.
Wilson’s previous two negotiations did not exactly stay in-house. In 2015, Wilson extension talks ran from mid-April to late July. The Seahawks hammered out a deal July 31, 2015 — a four-year, $87.6MM agreement — but that came after numerous headlines pertaining to the talks surfaced. In 2018, a report emerged indicating Wilson expected to be tagged after his second contract expired. But, after a three-plus-month negotiation in 2019 — one that included Wilson setting a mid-April deadline to wrap his third contract — the sides reached agreement on the then-record $35MM-AAV extension.
Although the Broncos gave Peyton Manning a lucrative five-year deal in 2012, this will be new financial terrain for a franchise that has famously struggled to replace the all-time great. Denver’s issues replacing Manning, a marketplace that could include new deals for Lamar Jackson and possibly Joe Burrow and Justin Herbert, an again-rising salary cap, and the Broncos being set to have the NFL’s wealthiest owner (Rob Walton) soon all stand to work in Wilson’s favor.
A bounce-back year from the likely Hall of Fame-bound passer would only further drive up his market. Although Paton and Seahawks GM John Schneider kept their trade talks quiet, Wilson’s past negotiations indicate low-key contract talks might not happen. Regardless of how this process reaches a conclusion, the Broncos will be expected to have their new franchise passer signed long-term by the start of the 2023 campaign.
russ is great so glad hes out of seattle. wish him the best
Pretty sure the Walt-Mart owner won’t have a problem paying the guaranteed money!
arty are you serious? The guy has his first Penny he ever made. That entire family is beyond CHEAP. You need to read up on some of their historic cheapness
He and his siblings have fleeced their hourly employees for decades and only recently began offering decent benefits to them. I wonder if that cheap A$$hat really understands how much this is gonna cost him.
They may be cheap to other employees, but I’m sure he has a plan to keep Russ there until he retires. Otherwise, why make the trade, for 2 years?
The trade for Russ happened prior to the new ownership group.
Do you think the guy new owner isn’t going to pay Wilson? I really meant the original comment as a joke. We’re not talking about a guy stocking shelves, or buying inventory here.
It will be his 1st signature moment as an owner. Signing a HoF QB to an extension. And with the fire that happened at the stadium; either a new stadium or massive renovation’s; for his 2nd signature move.
arty… Obviously, we’re not talking about stocking shelves, but we are talking about a certain mindset of $crewing anyone you can to benefit your own bottom line. And yes, I do think it’s possible that with a Walton as majority owner, you can’t guarantee a deal with Wilson isn’t going to drag out a long time and possibly not get done.
Since there is a salary cap in the NFL, it won’t matter what he wants to spend or how deep his plackets are. Only thing that matters is how the money is spread out
Like the Watson deal.
Except that pesky salary cap
Russell Wilson isn’t going anywhere no matter how many rollbacks there are. Believe it.
He’ll spend 30 years after football working as a Walmart greeter, trying to explain to other seniors, why only 3 wheels on the shopping cart actually work.
I dont think Wilson is that good to tell you the truth. Seattle won because of their defense not wilson.
You mean the same defense that blew the lead vs the Patriots and then those players point the finger at Russ for horrible play call by the head coach? You mean that defense? Pete Carroll never had a winning record as a head coach until Wilson.
Never? Didn’t he win a couple national championships just prior to arriving in Seattle?
Wilson wasn’t the same after he returned from injury last season. We’ll see.