Posted on Aug 29
Browns restructure Deshaun Watson's contract, creating most cap space in the NFL
u/alex •
The Cleveland Browns have restructured quarterback Deshaun Watson's contract, creating significant salary cap space and positioning themselves for future financial flexibility.
Why it matters: The restructuring of Watson's contract allows the Browns to free up $35.832 million in salary cap space, giving them the most cap space in the NFL at over $62 million.
- This move provides the Browns with room to maneuver and make necessary roster adjustments.
What's new: By converting a portion of Watson's base salary into a signing bonus, the Browns have created additional cap space to address their current needs and potentially secure long-term contracts for key players.
Yes, but: While the cap space gives the Browns short-term flexibility, they plan to roll over the majority of it for the 2025 offseason when they are projected to be over the cap by $44 million.
- This strategic decision demonstrates the Browns' focus on maintaining financial stability in the future.
What to watch: The Browns have several noteworthy free agents next offseason, including wide receivers Amari Cooper and Elijah Moore, running back Nick Chubb, and left tackle Jedrick Wills Jr.
- The available cap space will play a crucial role in negotiations and determining the team's ability to retain these key contributors.
What's next: The renegotiation of Watson's contract marks the second time the Browns have adjusted his deal since acquiring him in a trade from the Houston Texans in 2022.
- The team remains committed to Watson as their quarterback, despite his limited playing time due to injuries and suspension.
The bottom line: The Browns' restructuring of Deshaun Watson's contract not only provides immediate cap relief but also positions them well for future financial decisions.
- With the most cap space in the league, the Browns can navigate upcoming challenges and prioritize securing key players for sustained success.