Tuesday, June 2, 2026

Browns Cut Losses, Clear Space in Baker Mayfield Trade to the Panthers

  • Cleveland will save over $8M in cash and salary-cap space as a result of the move — but will still pay him $10.5M this season.
  • This offseason, the Browns gave Deshaun Watson a fully guaranteed five-year, $230 million deal — the largest in NFL history.
Jason Getz-USA TODAY Sports

Four years removed from being selected first in the 2018 NFL Draft, and only months after Deshaun Watson was brought to Cleveland, Baker Mayfield is leaving town.

On Wednesday, Mayfield was traded to the Carolina Panthers for a 2024 conditional fifth-round pick, the team announced. The final deal is pending a physical.

The 27-year-old is just the third No. 1 overall pick since 1967 — after JaMarcus Russell and Jeff George — to last four seasons or fewer with the team that he debuted with.

It ends months of speculation after Mayfield formally requested a trade from Cleveland following the franchise’s historic, controversial signing of Watson, who received a fully guaranteed five-year, $230 million deal — the largest in NFL history.

There are several financial implications from the deal.

  • The Browns will pay $10.5M of the fifth-year option left on Mayfield’s contract, while the Panthers will pay about $5M, per Mike Garafolo.
  • Mayfield agreed to trim about $3.5M off of his base salary in order to facilitate the trade.
  • Cleveland will save over $8M in cash and salary-cap space as a result of the move.

Of course, there’s no guarantee that Watson is even going to play, as he’s facing a possible suspension after at least 24 women accused him of sexual misconduct.

By mid-April, the Browns had spent a staggering $340 million in guaranteed money this offseason.

The team is spending the second-most money ($62.1M) on QBs this season after the Rams.

Yet, without Watson and Mayfield, it would likely be Jacoby Brissett, making $4.7 million, taking the snaps for Cleveland to start the season — beginning September 11 in Carolina.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

CFP Tweaks Schedule to Avoid More Head-to-Head NFL Clashes

The CFP is taking new measures to avoid competition with the NFL.
Lee Corso puts on the Brutus helmet as he makes his final pick between Kirk Herbstreit and Pat McAfee prior to the NCAA football game between the Ohio State Buckeyes and the Texas Longhorns at Ohio Stadium on Aug. 30, 2025.
exclusive

Pat McAfee in Early Extension Talks With ESPN

McAfee’s current five-year deal with ESPN isn’t up until 2028.

Myles Garrett Trade Makes All-In Rams an Even Bigger TV Draw

The Super Bowl LXI favorite goes even more all-in.

Indiana’s Bears Stadium Bid Gets More Real After Illinois Misses Chance

Recriminations rise as Illinois leaders fail to ratify a Bears stadium bill.

Featured Today

Frances Cabral-Delaney

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
May 23, 2026; Anaheim, California, USA; Fans participate in a tarp off during a MLB game between the Los Angeles Angels and the Texas Rangers at Angel Stadium
May 28, 2026

‘Tarps Off’: How Shirtless Fans Took Over MLB

The viral movement began with the SFA club baseball team.
Apr 6, 2026; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) walks to the on deck circle during the game against the Texas Rangers at Globe Life Field
May 28, 2026

Why Ballparks Are Louder Than Ever

Some stadiums sound like veritable nightclubs. How did we get here?
May 24, 2026; Evanston, IL, USA; Northwestern Wildcats attack Kathryn Ratanaproeksa (13) shoots against the North Carolina Tar Heels during the first half at Martin Stadium
May 26, 2026

Can Women’s Lacrosse Buck the Trend in College Sports?

The sport is fighting to prove its worth in the revenue-sharing era.

Fever Bar Writer Scott Agness Over Caitlin Clark Injury Reporting

The controversy centers on reporting about Caitlin Clark’s injury status.
Jun 1, 2026; Raleigh, North Carolina, USA; Vegas Golden Knights head coach John Tortorella during media day for the 2026 Stanley Cup Final at Lenovo Center.
June 2, 2026

Tortorella Stars As Central Character of Stanley Cup Final

The often-combative NHL head coach is on a historic run.
Jun 1, 2026; Raleigh, North Carolina, USA; Carolina Hurricanes general manger Eric Tlulsky during media day for the 2026 Stanley Cup Final at Lenovo Center.
June 2, 2026

With a Ph.D. in Chemistry, Hurricanes GM Stands Out in NHL

Carolina’s GM has a background that is exceptionally rare in hockey.
Sponsored

Landon Donovan: What Soccer in America Still Needs

Landon Donovan discusses the evolution of soccer in America and investing in the NWSL.
May 30, 2026; Oklahoma City, OK, USA; Texas Tech Red Raiders third baseman Taylor Pannell (6) yells towards her dugout after a stolen base as Tennessee Lady Volunteers infielder Ella Dodge (25) looks on in the seventh inning during the NCAA WomenÕs College World Series at Devon Park.
June 1, 2026

Powered by Transfers, Texas Tech Softball Heads to WCWS Semis

15 of 23 players on Texas Tech’s roster are transfers.
Formula 1
May 28, 2026

Gucci Is Making a Big Bet on Sports

Gucci will be the title sponsor for Alpine Formula One team starting next year.
May 27, 2026

Dave Checketts Says Founding MLS Team Was His ‘Worst Investment’ 

Checketts cofounded Real Salt Lake in 2005 and sold it in 2013.
May 26, 2026; Las Vegas, Nevada, USA; Vegas Golden Knights are presented with the Clarence S. Campbell Bowl by Deputy commissioner of the NHL Bill Daly after winning against the Colorado Avalanchein game four of the Western Conference Final of the 2026 Stanley Cup Playoffs at T-Mobile Arena.
May 27, 2026

Golden Knights Reach Final Despite Messy Season

The playoff run is extending a chaotic two months for the NHL franchise.