The Broncos are moving on from Russell Wilson.

In a long-expected move, the QB was notified Monday the team plans to release him at the start of the new NFL year on March 13.

Cutting Wilson will leave Denver with a whopping $85 million in dead cap charges, but save a reported $37 million in 2025.

“As we move forward, we are focused on building the strongest possible team for the 2024 season and beyond,” GM George Paton and head coach Sean Payton said in a release. “We are excited to improve this offseason and will have the flexibility to get better through the draft and free agency.”