For a second straight year, the Browns are restructuring the NFL’s most player-friendly deal. As a result, another quarterback will set the NFL record for single-player cap hit.

Cleveland’s Deshaun Watson restructure will create $35.83MM in cap space, ESPN.com’s Field Yates reports. The Browns moved $44.79MM of Watson’s base salary into a signing bonus. While more cap space will be available to the Browns this year, they will need much of it for carryover money because of the quarterback contract they authorized in 2022.

[RELATED: Browns Release QB Tyler Huntley]

Watson had been set to carry a record-obliterating $63.77MM cap number this season. The Browns have dropped it to $27.94MM. Of course, with restructures, future cap hits spike. This will be the case here, as Thursday’s reworking inflates Watson’s 2025 and ’26 cap numbers to an astonishing $72.94MM. More restructure work likely remains for a Browns team desperate to see its historically expensive trade piece take steps forward.

The Browns are now an NFL-most $51.6MM under the 2024 cap, but as The Athletic’s Zac Jackson notes, they will need much of this for rollover purposes. Entering today, the Browns resided ahead of only the perpetually cap-strapped Saints for projected 2025 cap space, sitting $66.9MM over. Rolling most of their 2024 total to 2025 would obviously create considerable relief, but the long-term Watson ramifications remain steep for a Cleveland franchise that has not seen anything remotely close from its QB to justify the 2022 trade and extension costs.

No one has followed the Browns’ lead for guarantees; the league has deemed this an outlier contract. The Browns gave Watson a five-year, $230MM fully guaranteed extension in March 2022. Nearly 2 1/2 years later, no other team has guaranteed a quarterback more than $146.5MM (Joe Burrow) at signing. The Browns had previously restructured the Watson contract in March 2023, beginning a process that has seen the eighth-year passer’s future cap hits balloon.

The team remains pot-committed with Watson through 2026. The restructures, which have two void years in place as the QB’s signing bonus is now spread through 2028, would lead to a $26.8MM dead money hit if Watson does not re-sign by the start of the 2027 league year. That seems manageable to a Browns team that has unimaginable — even in a world where the Broncos just took on $83MM-plus in dead cap by cutting Russell Wilson — dead money figures attached to its QB in 2025 or ’26.

Cleveland has seen its QB miss 11 games in each of his two seasons, with the former Houston Pro Bowler suspended upon arrival and then battling a shoulder injury that eventually shut him down in 2023. Watson, 29 in September, did not play any preseason games and was only cleared for full work August 11. The Browns shuffled their coaching staff, hiring Ken Dorsey, to better capitalize on their QB’s strengths. For the most part, those have yet to be on display post-Houston.

With this contract adjustment further tying the Browns to Watson, they will need to see notable improvement from him this season. Though, Watson’s guarantees do not exactly provide much incentive for an extreme turnaround. Dak Prescott‘s $55.13MM cap hit is now in place to set the NFL record, and the Cowboys appear prepared to carry that into the season.

AUGUST 12: While Watson will not take part in Cleveland’s second preseason contest, he will make his 2024 debut one week later. Stefanski said on Monday (via Cabot) the Browns plan to play Watson in their exhibition finale against the Seahawks. Making it through that contest healthy would set the stage for a critical regular season slate.

AUGUST 11: Deshaun Watson has hit another checkpoint in his recovery process. Browns head coach Kevin Stefanski said on Sunday the team’s franchise quarterback has been cleared for full contact.

Watson was limited to just six games last season due to a lingering shoulder injury. After being shut down for the campaign – the second of his fully guaranteed, $230MM contract – his attention turned to rehab. That process has gone well to date, with an update from June stating he was ahead of schedule.

Now, Watson will continue his preparation for the 2024 season during this week’s joint practices with the Vikings. Stefanski confirmed the three-time Pro Bowler will not play in Cleveland’s second preseason contest, as was the case this past weekend (by which time, as Stefanski clarified via Cleveland.com’s Mary KayCabot, Watson had received clearance). The 28-year-old will, however, receive the “vast majority” of first-team reps over the coming days.

The Browns dealt with a slew of injuries at several offensive positions last season, and the team relied on Joe Flacco at quarterback down the stretch and in the postseason. Flacco departed in free agency and Cleveland has brought in the likes of Jameis Winston and Tyler Huntley in addition to returnee Dorian Thompson-Robinson. Regardless of how the rest of the depth chart shakes out, though, Watson will of course face high expectations as starter once the campaign begins.

After sitting out the first 11 weeks of the 2022 season through suspension for a personal conduct policy violation, the former Texan did not impress in his opening Cleveland starts. The Browns went 5-1 during his six appearances this past season, but his passer rating in that span (84.3) fell well short of his career average and his best Houston years. Returning to his previous form – and thus making the monster trade price the Browns paid to acquire him, in addition to the historic extension, easier to justify – would be critical for Cleveland’s chances of making a postseason run.

Unlike last offseason, the team did not adjust Watson’s contract. As a result, he is set to carry a record-breaking cap charge of $63.77MM in 2024. The pact also calls for cap hits of just under $64MM in 2025 and ’26, so remaining healthy and delivering a strong outing on Watson’s part will be critical for the team’s finances now and in the future. This latest update is another sign he is back at 100% well before Week 1.

As the Browns aim to have a healthy Deshaun Watson available for the entire 2024 campaign, a key aspect of the team’s offseason will be his rehab from a fractured shoulder socket. Developments on that front have been encouraging so far.

Watson threw every other day during OTAs, with the Browns understandably taking a cautious approach early in the spring. His workload increased over time, though, and he impressed during minicamp. As a result, the 28-year-old is on track to practice without restrictions in training camp.

“First and foremost, Deshaun has really worked his tail off during the rehabilitation process over the last several months,” Browns general manager Andrew Berry said during an appearance on NFL Network’s The Insiders. “He’s really actually ahead of schedule… He’s thrown the ball well. Did a really nice job during our 7-on-7 and team periods during this veteran minicamp.

“He’s making excellent progress. Honestly if you didn’t know he got hurt last year, you really wouldn’t be able to tell the difference. We’re very excited once camp starts.”

The lingering shoulder issue affected Watson’s second Cleveland campaign, one in which he was slated to take part in the full season after the suspension which sidelined him for 11 contests in 2022. The Browns ultimately won 11 games while using five different starting quarterbacks last year, but having the former Texan in place for a full slate would be critical for team and player. Watson is entering the third year of his $230MM fully guaranteed pact signed upon arrival in Cleveland.

To date, the team has not received the expected results from the decision to trade for and sign Watson. The three-time Pro Bowler is set to carry cap hits above $63MM in each of the next three seasons (unless another restructure is worked out in the coming weeks), which will add to his importance on offense moving forward. Especially with running back Nick Chubb likely to miss time at the start of the season, increased emphasis will be placed on Cleveland’s passing game. If Watson is back to 100% by the fall, he will be positioned to make another run at a healthy season and serve as the focal point of the team’s attack.

Starting just six games for the second straight season, Deshaun Watson played only 383 snaps — four fewer than his suspension-shortened 2022. The Browns have received an alarmingly low return on the historically expensive trade with the Texans, but the contract they were required to authorize in order to win the 2022 sweepstakes continues to tie the team to the former Pro Bowler.

Going into season three of that five-year, $230MM guaranteed deal, the Browns are bringing their quarterback along slowly. Watson suffered a fractured shoulder socket and a partially torn labrum last season. He is not yet a full participant in the team’s offseason program, but the Cleveland Plain Dealer’s Mary Kay Cabot notes the eighth-year QB threw in front of the media for the first time this week.

Watson, 28, participated in individual drills and threw to receivers during the practice portions not involving a defense. Jameis Winston took the reps in seven-on-seven and 11-on-11 periods, Cabot adds. The team is gradually bringing its high-priced passer along, with Kevin Stefanski indicating (via the Akron Beacon Journal’s Chris Easterling) Watson is not throwing at every OTA session. Stefanski said Watson is throwing every other day during OTAs, though the fifth-year Cleveland HC noted that is expected to change at next month’s minicamp.

“He threw the ball down the sideline, a vertical throw today, and that’s one I hadn’t seen from him a lot,” new Browns OC Ken Dorsey said, via Cabot. “We haven’t pushed him to do it, so that was good to see. The more he grows and feels comfortable with it, the more you’ll start seeing those things get ramped up more and more.”

The Browns had played games without Watson prior to his season-ending shoulder injury last year, with the likes of P.J. Walker and Dorian Thompson-Robinson making starts. Watson’s shoulder trouble, a micro tear of his rotator cuff, ultimately leading to a Nov. 21 surgery, preceded Joe Flacco‘s stunning resurgence. Watson also suffered a high ankle sprain last season. The team booked a playoff berth despite missing its starting QB, its top three tackles and Nick Chubb. Flacco is now in Indianapolis, indicating he was surprised Cleveland did not re-sign him, and Winston is the Browns’ Watson insurance policy.

While this certainly represents a pivotal year for the Browns and Watson, the team is still tied to the former Texans standout through 2026. Unlike last year, the Browns have not restructured Watson’s contract. That places what would be a record-smashing $63.77MM cap number on Cleveland’s cap sheet. No player has ever brought a $45MM cap charge in a season. Three-plus months away from Week 1, the Browns, Cowboys (Dak Prescott) and Broncos (part one of Russell Wilson‘s dead money) are in line to move past that benchmark. Barring a restructure, Watson’s cap number would top both players this season.

Watson’s surgery was to require a six-month recovery timetable. Shortly beyond that point, this process will be one to monitor as the Browns attempt to finally enjoy an extended run of quality QB play with their hired gun.

Deshaun Watson‘s second Browns campaign (and first one with full-season availability) did not go according to plan. Recurring injuries left the Pro Bowl quarterback in and out of the lineup before he was ultimately shut down for the year. A key step in his rehab is not far away, though.

Watson is set to resume throwing in March, Mary Kay Cabot of cleveland.com reports. He continues to recover from surgery which took place in November and marked an end to his campaign. A number of issues emerged in his throwing shoulder over the course of the campaign, though Cabot notes that only the fractured glenoid bone – rather than Watson’s strained rotator cuff – was surgically repaired.

When speaking about Cleveland’s QB situation last month, head coach Kevin Stefanski said Watson was on track to take part in the team’s offseason program in April. Today’s update points further in that direction, and Cabot adds that Watson may be ahead of schedule in his recovery. Managing to put together a full campaign next year will be an obvious goal for team and player in this situation.

Watson was suspended for the first 11 games of the season in 2022, and his level of play upon activation left plenty to be desired. He took a step forward this year, but his season-ending ailment left the Browns in need of multiple replacement options under center. Midseason signing Joe Flacco helped provide stability and guide the team to the postseason, boosting his free agent value in the process. Watson will, to no surprise, serve as Cleveland’s starter in 2024.

Before the season kicks off, though, adjustments to the 28-year-old’s contract will need to be made. Watson is due to carry a cap hit of just under $64MM in each of the final three years of his fully-guaranteed deal. That figure would easily set a new NFL record in terms of single-season cap hits, but a restructure or extension would lower it for the time being. Financial moves will be worth watching in the near future in Watson’s case, but a positive development on the health front is also forthcoming.

The Browns relied on Joe Flacco to close out the season and into the wild-card round in the wake of numerous injuries under center. The former Super Bowl MVP does not intend to retire any time soon, but a continued Browns tenure would not involve him maintaining his starting position.

Head coach Kevin Stefanski confirmed (via ESPN’s Jake Trotter) that Deshaun Watson sits atop the team’s offseason QB depth chart. The latter was shut down for the season due to shoulder surgery, and his absence led to the pursuit of Flacco in the first place. The 38-year-old was used as a gameday elevation for two weeks while staving off interest from teams looking to sign him off Cleveland’s practice squad. His strong play carried over through the end of the regular season, though the loss to the Texans saw a continuation of Flacco’s turnover issues.

It comes as no surprise Watson will be the No. 1 when healthy given his contract situation and the lack of proven options behind him on the depth chart (at least before Flacco was signed). A report from last month indicated Cleveland was open to the idea of keeping Flacco in place despite the presence of Watson and 2023 fifth-rounder Dorian Thompson-Robinson. In any case, Flacco’s impressive audition has no doubt boosted his market amongst interested teams ahead of free agency, something which will help his goal of playing through the age of 40.

Stefanski added that Watson should be recovered from surgery sometime this spring, meaning he should be able to participate in Cleveland’s offseason program. A healthy and productive campaign in 2024 will be critical given the extent to which things have not gone according to plan for team and player in this situation. The former Texans Pro Bowler was suspended for the first 11 games of the 2022 season, and the lingering shoulder issues limited him to six contests this year. Watson performed at a higher level when on the field in 2023 than he did in his debut Browns season, but to date he has not met expectations on his fully guaranteed $230MM pact.

Over each of the next three seasons, Watson is scheduled to carry a record-shattering cap hit of just under $64MM. Another restructure to his contract will therefore likely take place in the near future, and the particulars of that move will inform much of the team’s remaining budget at the QB spot. A deal with Flacco or another veteran backup option could be in play, but Watson will enter the build-up to the 2024 campaign assured of his spot atop the depth chart.