Report: Former Broncos QB Russell Wilson Lands with New Team

Russ will play in Denver next season.

Dec 24, 2023; Denver, Colorado, USA; Denver Broncos quarterback Russell Wilson (3) before the game against the New England Patriots at Empower Field at Mile High. Mandatory Credit: Ron Chenoy-Imagn Images / Ron Chenoy-Imagn Images

For the second season in a row, the Denver Broncos are scheduled to face off against former quarterback Russell Wilson.

ESPN's Adam Schefter reported Tuesday that Wilson is signing an incentive-laced, one-year contract worth up to $21 million with the New York Giants. The deal includes $10.5 million fully guaranteed.

"The 10-time Pro-Bowl selection had been in discussions with the Giants, Browns and Steelers, but is opting for New York, where Wilson won Super Bowl XLVIII in MetLife Stadium. Now, Wilson is returning there as the Giants’ projected starting QB," added Schefter.

ESPN Sources: The Giants and Super Bowl-winning QB Russell Wilson reached agreement today on a one-year deal worth up to $21 million, including $10.5 million guaranteed. The 10-time Pro-Bowl selection had been in discussions with the Giants, Browns and Steelers, but is opting for… pic.twitter.com/ZjjOz0U7bl

— Adam Schefter (@AdamSchefter) March 25, 2025

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Wilson, 36, spent two seasons as the Broncos' starter following a bombshell trade from Seattle that included multiple premium draft picks, players, and a $245 million contract. His ballyhooed tenure fizzled out hard in 2023 — benched amid head coach Sean Payton's inaugural campaign — and he was released last offseason, with Denver absorbing a record-setting $85 million in dead salary-cap charges.

Wilson took his talents to Pittsburgh in 2024. Initially a backup, he supplanted then-QB1 Justin Fields in October and led the Steelers to a playoff berth. However, Russ again faceplanted down the stretch, dropping four consecutive games to close the regular season. He was inactive for a Week 2 victory at Denver due to a calf injury.

While Big Blue also added veteran QB Jameis Winston and may further address the position via next month's draft, Wilson should be considered the tentative favorite under center when his successor, Bo Nix, and the Broncos host New York at Empower Field this fall.

Giddy up.

Broncos no longer owe Russ any money.
There is still a $32 million dead cap charge, though, from his contract that is on the 2025 payroll books.
In summary, Russ gave em two years, they paid him for three, on the books for four. https://t.co/go5iEL8HUE

— MikeKlis9NEWS (@mikeklis9news) March 25, 2025

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