We’re inching closer to the new league year in the NFL.
With that means we’re getting closer and closer to the free agency and the NFL Draft as teams look to bolster their rosters ahead of the 2024 season.
As is always the case, several big-name veterans will soon be released … Some expected. Some not expected.
Russell Wilson: Broncos Country Lets Ride
The Ride: pic.twitter.com/l3ZL0hpUYs
— Piñata Farms: The Meme App (@pinatafarms) October 7, 2022
Here’s a look at seven notable players who may very well be released (along with important contract details)…
Broncos QB Russell Wilson
-Years left on contract: 5 (!!!!!)
-2024 cap savings: -$49.6M
-2024 dead money: $85M
Denver Broncos quarterback Russell Wilson, with five years remaining on his contract, presents a challenging financial situation for the team.
Despite a hefty dead money figure of $85 million in 2024 and a lackluster performance, it’s unlikely Wilson will be traded due to his age and contract.
Coach Sean Payton’s decision to bench Wilson towards the end of this season hinted at the end of his tenure with the Broncos, primarily to avoid his $37 million salary in 2025.
Consequently, Denver will inevitably release Wilson, burdened with significant dead cap, but still preferable to retaining him.
Designating Wilson as a post-June 1 cut would allow the Broncos to distribute his dead money over two years, albeit still a considerable hit.
Russell Wilson and his wife Ciara are accepting offers for their Denver mansion and providing tours to prospective buyers, per @denverpost. The couple paid $25 million for the 20,000-square-foot home when he was traded to Denver, setting a record price for the area.
Wilson is… pic.twitter.com/NRShmFvQ94
— Ari Meirov (@MySportsUpdate) February 18, 2024
.@HDouglas83 couldn't believe @RealTannenbaum said the Jets should pursue Russell Wilson 😂
"Mike T 'bout to make me go downstairs in my bar and take a shot of tequila!" pic.twitter.com/TtZOyT4hoi
— Get Up (@GetUpESPN) February 20, 2024
Raiders QB Jimmy Garoppolo
-Years left on contract: 2
-2024 cap savings (post-June 1 cut): $12.8M
-2024 dead money (post-June 1 cut): $15.5M
The Las Vegas Raiders find themselves in a similar predicament with quarterback Jimmy Garoppolo, who has two years left on his contract.
Following a disappointing 2023 season, where Garoppolo threw seven touchdowns and nine interceptions in seven games, the Raiders are unlikely to secure a trade for the 32-year-old.
Initially signed to align with Josh McDaniels coaching system, Garoppolo’s tenure in Las Vegas was a failure (along with McDaniels who ended up being fired).
Releasing Garoppolo is the logical step, but it must be designated as a post-June 1 move to maximize cap savings, as the team would only gain $19,000 in space otherwise.
Brock Purdy and Jimmy Garoppolo are the same person😂 pic.twitter.com/e3ynOQHws1
— ☆𝘏𝘰𝘸𝘪𝘦𝘙𝘰𝘴𝘦𝘎𝘖𝘋☆ (@JalenCarterDPOY) February 20, 2024
The Raiders telling Jimmy Garoppolo the drugs he has are legal in order to get out of that contract pic.twitter.com/OULwfyfkeB
— NFL Notifications (@NFLNotify) February 16, 2024
Saints RB Alvin Kamara
-Years left on contract: 2
-2024 cap savings: $1.5M
-2024 dead money: $17.2M
In yet another year, Kamara finds himself on the chopping block. Once again, the New Orleans team faces salary cap constraints, projected to be a daunting $83.7 million over the cap.
While General Manager Mickey Loomis is renowned for managing the salary cap, the escalating numbers attached to Kamara’s contract may warrant consideration.
His cap hit is set to skyrocket from $7.9 million in 2023 to a staggering $18.7 million in 2024.
Opting for a post-June 1 release of the five-time Pro Bowler could yield significant relief, freeing up $11.7 million in cap space albeit with $7 million in dead money.
Kamara boasts a track record of surpassing 1,000 scrimmage yards for the past seven seasons, but his durability has waned since 2019, having not completed a full season.
A three-game suspension last year coupled with a subpar average of fewer than four yards per carry raises concerns.
Moreover, statistical analysis from Next Gen Stats places him as the fourth-worst tailback in rushing yards over expected.
While exploring a potential trade remains an option, the current chill in the running back market diminishes its viability.
With Kamara’s $1-million 2024 roster bonus looming on March 13, it’s likely that New Orleans will part ways with him before that deadline if they choose to go down that path.
If Alvin Kamara is cut… https://t.co/nEUCFCgndJ pic.twitter.com/yWC7tqBXRd
— Nick Schwager (@NickSchwagerNFL) February 19, 2024
Alvin Kamara 2024 OPOY season is gonna go CRAZY + Kendre 1500 yard season 😭🔥 https://t.co/u3tkoor7SS pic.twitter.com/nBLrrXJ6zM
— kadin (@kadinjanisch) February 14, 2024
Browns RB Nick Chubb
-Years left on contract: 1
-2024 cap savings: $11.8M
-2024 dead money: $4M
Cleveland Browns star running back Nick Chubb faces uncertainty with one year left on his contract.
Despite being a fan favorite and maintaining his status as one of the league’s top running backs, Chubb’s potential release is looming due to Cleveland’s dire salary cap situation.
The team’s projected $23.9 million over the cap clashes with Chubb’s $15.8 million cap hit, prompting Browns general manager Andrew Berry to acknowledge the contract issue publicly.
While Cleveland would prefer to retain the four-time Pro Bowler, renegotiating his contract may prove challenging given the market for running backs and Chubb’s recent surgeries.
After undergoing procedures for meniscus, MCL, and ACL injuries, Chubb’s return is anticipated during the 2024 season, raising questions about his longevity and performance.
Nonetheless, Chubb’s consistent excellence since entering the league in 2018, never averaging fewer than five yards per carry in a season, adds complexity to the decision-making process.
𝐂𝐀𝐏 𝐂𝐀𝐒𝐔𝐀𝐋𝐓𝐘:#Browns star RB Nick Chubb is in danger of becoming a cap casualty this offseason.
Chubb is an aging RB that is coming off a significant injury that required 2 surgeries to fix.
The Browns would save $12M in cap space by releasing Chubb this offseason.… pic.twitter.com/hes76Bro9W
— NFL Notifications (@NFLNotify) February 14, 2024
Hope you come back even stronger next year, Nick! Prayers on your recovery. You are an inspiration and a great role model. Much Love. Go Browns!
— Gregory Swanson (@gswan9156) February 15, 2024
Packers LT David Bakhtiari
-Years left on contract: 1
-2024 cap savings: $20.9M
-2024 dead money: $19M
Bakhtiari secured either first- or second-team All-Pro honors in each of the last five seasons he played at least 12 games.
However, he hasn’t achieved that since 2020, and knee problems have restricted him to just 13 appearances over the past three years, with only one game in 2023.
At 32 years old, his 2024 cap hit is $40 million, making it improbable that Green Bay will retain him on his existing contract for the forthcoming season.
He’s also best friends with former Packers quarterback Aaron Rodgers … Could he somehow end up joining Rodgers with the Jets???
If this really is the end of David Bakhtiari's time with the #Packers…
Most dominant offensive lineman I've ever watched.
Thank you for everything, David 👏 pic.twitter.com/4U7MIKiPgC
— Eli Berkovits (@BookOfEli_NFL) February 18, 2024
How good was David Bakhtiari?
8,433 snaps played🧀
29 sacks allowed🧀
36 holding penalties🧀Generational talent. pic.twitter.com/tVy68uiATZ
— RR🧀🐺🇪🇷 (@ReallyRichx2) February 16, 2024
Chargers WR Mike Williams
-Years left on contract: 1
-2024 cap savings: $20M
-2024 dead money: $12.4M
The Chargers are anticipated to surpass the cap by $45.8 million and face significant decisions on both offense and defense.
On offense, L.A. has two players with cap hits exceeding $30 million: Williams ($32.4 million) and Keenan Allen ($34.7 million).
Allen, a six-time Pro Bowler who turns 32 in April, is coming off one of his best seasons.
It would be more prudent for Los Angeles to part ways with Williams, who suffered an ACL tear in September and has a history of injuries.
He will be 30 in October. Since leading the NFL with 20.4 yards per reception in 2019, Williams’ effectiveness has declined, and he hasn’t reached the 1,000-yard mark in the past two seasons.
And 34 to be cut. Love him, but too fragile. Wont make the cut in Harbaugh's camp.
— Riq (@enriquefn) February 4, 2024
The Los Angles Chargers have around 60 % of their 2024 salary cap tied to Khalil Mack, Joey Bosa, Mike Williams, and Keenan Allen.
The cap figures they owe next season:
Khalil Mack – $38.5M
Joey Bosa – $36.6M
Keenan Allen – $34.7M
Mike Williams – $32.4M pic.twitter.com/jaxzTK9TOu— NFL Rumors (@nflrums) December 15, 2023
Chargers Pass-Rusher Joey Bosa
-Years left on contract: 2
-2024 cap savings: $14.4M
-2024 dead money: $22.2M
Chargers pass-rusher Joey Bosa has a cap hit of $36.6 million. First pursuing a trade would make sense rather than an out-right release.
When healthy, Bosa has proven to be one of the best defensive players in the league. However, his injury history has limited him to 14 appearances over the past two seasons.
Cutting him post-June 1 would free up $22 million in cap space for Los Angeles, with $14.6 million in dead cap.
With Jim Harbaugh now at the helm, it’s uncertain what direction the Chargers will take.
Will they opt to shake up the roster following a disappointing season, possibly parting ways with veteran players such as Bosa (and Khalil Mack)?
Can they negotiate contract restructures to alleviate the financial burden? It’s evident that keeping all aging stars on the team for another season isn’t feasible.
However, Bosa does seem like a “Harbaugh-guy,” which makes the decision interesting…
Joey Bosa: I didn’t get Jim’s text yet, did you?
Khalil Mack: yeah, a few days ago
Joey Bosa: pic.twitter.com/eU9U3GbdMm
— No Limit Bolts (@nolimitbolts) January 28, 2024
RUMORS🚨: The #Chargers are likely releasing EDGE JOEY BOSA.
The Bosa Brothers uniting on the #49ers is a real possibility.
Nick Bosa once said: "I think Joey definitely is looking good financially… I think him on the other side, it might break the NFL."
BOSA BROS IN SF?👀🔥 pic.twitter.com/HQ20dDcCpp
— 49ers & NFL News 24/7 (@49ersSportsTalk) February 19, 2024
What are your thoughts on these seven players?
Will they all – or at least most of them – be released?
Which one of them would you want on your team most???