The Cleveland Browns are coming off a historic season in 2022, where they won their first playoff game since 1994 and reached the AFC Championship game for the first time since 1989. They have a talented roster led by star players like Myles Garrett, Nick Chubb, Denzel Ward, and Deshaun Watson, who they acquired in a blockbuster trade with the Houston Texans. The Browns have high expectations for 2023 and beyond, but they also face some challenges in managing their salary cap situation.
Browns Salary Cap in 2023
The Browns are projected to have the least amount of cap space in the NFL in 2023, with only $7.8 million available. The current 2023 payroll for the Browns, which includes active contracts, dead money, and the 2022 carryover, is $262 million. The estimated 2023 NFL salary cap is $225 million, which means the Browns are $37 million over the cap. However, this number does not account for players who will not be re-signed or released, which could reduce the overage to around $9 million.
The Browns have several key players who are set to become free agents in 2023, such as Wyatt Teller, David Njoku, Jadeveon Clowney, John Johnson, Joe Haeg, Corey Bojorquez, and Jakeem Grant. Some of these players could be re-signed or franchise-tagged, while others could be let go or traded. The Browns also have some players who could be candidates for contract extensions or restructures, such as Myles Garrett, Amari Cooper, Deshaun Watson, Nick Chubb, Joel Bitonio, Denzel Ward, Dalvin Tomlinson, Greg Newsome, and Jeremiah Owusu-Koramoah.
The Browns have several options to create more cap space in 2023 and beyond. They could:
- Restructure contracts of players with high cap hits by converting some of their base salary or roster bonus into signing bonus, which would spread out the cap charge over the remaining years of the contract. For example, the Browns recently restructured Myles Garrett’s contract and cleared $13 million in cap space for 2023.
- Extend contracts of players who are entering the final year of their deals or have outperformed their current contracts by adding more years and guaranteed money, which would lower their cap hit for 2023. For example, the Browns could extend Wyatt Teller, who is one of the best guards in the NFL and has a cap hit of $15.4 million for 2023.
- Release or trade players who are underperforming or have high cap hits relative to their production or role on the team. For example, the Browns could release or trade Amari Cooper, who has a cap hit of $23.8 million for 2023 and is coming off an injury-plagued season.
- Restructure contracts of players who have club options or void years in their deals by exercising or declining those options or adding or removing those void years. For example, the Browns could exercise Deshaun Watson’s option for 2024 and lower his cap hit for 2023 from $19 million to $15 million.
The Browns have a lot of flexibility and creativity in managing their salary cap in 2023 and beyond. They have a smart front office led by general manager Andrew Berry and chief strategy officer Paul DePodesta, who have shown that they can make savvy moves to build a competitive team while maintaining financial discipline. The Browns have a bright future ahead of them, but they also have some tough decisions to make in order to keep their core players together and add more pieces to contend for a Super Bowl.
Conclusion
The Cleveland Browns are one of the most exciting teams in the NFL right now. They have a talented roster that can compete with any team in the league. They also have some challenges in managing their salary cap situation in 2023 and beyond. They have several options to create more cap space and retain their key players while staying under the cap limit. They have a smart front office that can make wise moves to balance their short-term and long-term goals. The Browns are on the verge of becoming a dynasty in the NFL, but they also need to be careful not to jeopardize their future by overspending or losing their stars.
10 Most Asked Questions and Answers
Q: How much cap space do the Browns have in 2023?
A: The Browns are projected to have $7.8 million in cap space in 2023, which is the least amount in the NFL. However, this number does not account for players who will not be re-signed or released, which could reduce the overage to around $9 million.
Q: Who are the Browns’ free agents in 2023?
A: The Browns have several key players who are set to become free agents in 2023, such as Wyatt Teller, David Njoku, Jadeveon Clowney, John Johnson, Joe Haeg, Corey Bojorquez, and Jakeem Grant. Some of these players could be re-signed or franchise-tagged, while others could be let go or traded.
Q: Who are the Browns’ highest-paid players in 2023?
A: The Browns’ highest-paid players in 2023 are Myles Garrett ($29.2 million), Amari Cooper ($23.8 million), Deshaun Watson ($19 million), Wyatt Teller ($15.4 million), Nick Chubb ($14.9 million), Joel Bitonio ($14.6 million), and Denzel Ward ($12.2 million).
Q: How can the Browns create more cap space in 2023?
A: The Browns can create more cap space in 2023 by restructuring contracts of players with high cap hits, extending contracts of players who are entering the final year of their deals or have outperformed their current contracts, releasing or trading players who are underperforming or have high cap hits relative to their production or role on the team, or restructuring contracts of players who have club options or void years in their deals.
Q: How did the Browns acquire Deshaun Watson?
A: The Browns acquired Deshaun Watson in a blockbuster trade with the Houston Texans in March 2022. The Browns sent Baker Mayfield, Odell Beckham Jr., a 2022 first-round pick, a 2022 second-round pick, and a 2023 first-round pick to the Texans in exchange for Watson and a 2022 fourth-round pick.
Q: How did the Browns restructure Myles Garrett’s contract?
A: The Browns restructured Myles Garrett’s contract in August 2023 by converting $17.25 million of his base salary into a signing bonus, which spread out the cap charge over the remaining years of his contract. This move cleared $13 million in cap space for 2023.
Q: How much is Wyatt Teller worth?
A: Wyatt Teller is one of the best guards in the NFL and has a cap hit of $15.4 million for 2023. He is set to become a free agent in 2023 and could command a lucrative contract on the open market. According to Over The Cap, the average annual value of the top five guard contracts in the NFL is $14.4 million.
Q: How much is Denzel Ward worth?
A: Denzel Ward is one of the best cornerbacks in the NFL and has a cap hit of $12.2 million for 2023. He is under contract through 2024 after the Browns exercised his fifth-year option in May 2022. He could be a candidate for a contract extension before his option year kicks in. According to Over The Cap, the average annual value of the top five cornerback contracts in the NFL is $18.7 million.
Q: How much is Nick Chubb worth?
A: Nick Chubb is one of the best running backs in the NFL and has a cap hit of $14.9 million for 2023. He signed a three-year, $36.6 million contract extension with the Browns in July 2022. He is under contract through 2025 and has $10.9 million guaranteed at signing.
Q: How much is Deshaun Watson worth?
A: Deshaun Watson is one of the best quarterbacks in the NFL and has a cap hit of $19 million for 2023. He signed a four-year, $156 million contract extension with the Texans in September 2020, but was traded to the Browns in March 2022. He is under contract through 2025 and has $73.7 million guaranteed at signing.