Browns Restructure Deshaun Watson's Contract, Freeing Up $35.8M in Cap Space
The Cleveland Browns have adjusted Watson's deal for the third consecutive year, aiming for short-term financial flexibility while facing long-term cap challenges.
- Watson's base salary was converted into a signing bonus, reducing his 2024 cap hit significantly.
- The restructuring creates $62 million in cap space for 2024, the highest in the NFL.
- Watson's future cap hits in 2025 and 2026 will spike to $72.9 million each.
- The Browns plan to roll over much of the 2024 cap space to manage future financial obligations.
- Watson has played only 12 games over two seasons due to suspension and injury.
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