It looks like 2026 is the more likely year for Watson to be cut. The Browns would absorb $73 million in dead money but would avoid losing cap space. Regardless, though, it’s going to cost the Browns when they finally do dump Watson.

The Browns have $44.3 million of Watson’s $46 million base salary covered by insurance. Yes, this means that the Browns will see $44.3 million put back into their cap space. However, this policy would not be cashed out until after the 2025 season, so the Browns would see that total recouped in their 2026 cap space.

The Browns’ quarterback suffered another rupture of the Achilles’ tendon in his right leg and could be sidelined for some or all of the 2025 NFL season.