Russell Wilson has found a new home.
The quarterback is planning on signing with the Steelers, ESPN’s Adam Schefter reported late Sunday night.
A source, speaking with the Associated Press on condition of anonymity because the contract hasn’t been finalized, said Wilson will receive the veteran’s minimum of $1.21 million while the Broncos pay the remainder of his $39 million salary.
The Broncos had announced last week they planned to cut Wilson after the start of the new league year.
Wilson had met with the Steelers on Friday, a day after a stop in New Jersey to meet with the Giants, as the quarterback started to map out his future after it became clear he would be unceremoniously cut by Denver following two years in the Mile High City.
Wilson’s decision to sign with the Steelers gives Pittsburgh a veteran option to compete with Kenny Pickett next season.
It’s an opportunity for the signal-caller to have a fresh start and prove that he can still be an effective option.
CBS Sports’ Josina Anderson had reported over the weekend that Wilson’s visit to Pittsburgh had gone “great” and that he had a lengthy conversation with offensive coordinator Arthur Smith.
The Broncos had allowed Wilson, 35, to start meeting with teams ahead of the opening of free agency. There had been some flirtation with the Giants, who have a quarterback conundrum of their own.
Wilson, 35, had gone through two rough seasons in Denver after the Broncos paid a hefty price to bring in the once-star quarterback.
Wilson went 4-11 in 2023 and 7-8 last season before being benched for the final two games of the season.
The quarterback never seemed to mesh with new head coach Sean Payton, who was hired prior to the 2023 campaign.
Wilson repeatedly said after the season that the Broncos attempted to force him to waive the injury guarantee on his salary.
The decision to cut Wilson ended up costing the Broncos $85 million in dead cap money.