Friday, May 15, 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

Jan 17, 2026; Denver, CO, USA; Buffalo Bills quarterback Josh Allen (17) runs against Denver Broncos linebacker Karene Reid (47) during the second quarter of an AFC Divisional Round playoff game at Empower Field at Mile High.

NFL Schedule Leans Further Into Holidays, Streaming Expansion

The upcoming slate features several notable changes from 2025.

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
Feb 5, 2026; Santa Clara, CA, USA; New England Patriots head coach Mike Vrabel talks to media members at the Santa Clara Marriott. Mandatory Credit: Darren Yamashita-Imagn Images

NFL Staying Hands-Off Schedule Videos as Vrabel Jokes Loom

The league isn’t reviewing teams’ schedule release videos in advance.

Featured Today

Bart Swings/Falyn Fonoimoana/Avery Poppinga

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Matt Palumb
May 8, 2026

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
May 13, 2006; Washington, D.C, USA; FILE PHOTO; Houston Comets at Washington Mystics -- Houston forward Sheryl Swoopes brings the ball up court.

Houston WNBA Team Expects to Keep Comets Name

The Connecticut Sun will move to Houston in 2027.
May 11, 2026

Braves Earnings Show Promise and Pressure of RSN Shift

The club’s revenue surged, aided in part by the earlier season start.
May 13, 2026

Bob Myers Will Run Sixers While Leading Hunt for New GM

Myers constructed four championship teams in Golden State. 
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
May 11, 2026

Clippers Were the Quiet Winners of NBA Draft Lottery

The Clippers will pick fifth in June’s draft. 
May 11, 2026

Investor Recalls Kang’s Tense Takeover of Spirit

The Spirit’s valuation has increased 4,200% since 2020.
May 10, 2026

Pacers President to Fans After Losing NBA Draft Lottery Pick: ‘I’m Sorry’

Indiana had a 52.1% chance of keeping their pick.
Apr 11, 2025; Dallas, Texas, USA; Dallas Mavericks minority owner Mark Cuban walks off the court after the game against the Toronto Raptors at the American Airlines Center.
May 8, 2026

Why Mark Cuban Bought Into a Canadian Basketball Team

“Canada is producing more stars than any other country.”