Wednesday, August 12, 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

Nov 23, 2025; Paradise, Nevada, USA; The NFL shield logo on the field at Allegiant Stadium. Mandatory Credit: Kirby Lee-Imagn Images

NFL Faces AI Accusations Over ‘Move the Sticks’ Podcast Feed

The podcast posted a new episode hosted by an unidentified voice.

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Nov 16, 2025; Denver, Colorado, USA; General view of CBS Sports NFL today broadcast before the game between the Kansas City Chiefs against the Denver Broncos at Empower Field at Mile High.

CBS Sports Has a Lot to Live Up to After Banner Year

The Paramount-owned network will rely more on NFC teams this year.
podcast thumbnail mobile
Front Office Sports Today

8/12/26 – Knicks-LeBron Tickets Soar, Trump Backs Infantino, Romo’s CBS Future Unclear

0:00

Featured Today

Joey Spallina of the Maryland Whipsnakes

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
U.S. President Donald Trump speaks during an event to sign an executive order regarding vaccine flexibility, in the Oval Office at the White House in Washington, D.C., U.S., August 10, 2026.

White House Denies Involvement in Lakers Sale to Kushner

“This has nothing to do with President Trump or his administration.”
Josh Kushner and Karlie Kloss attend the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 8, 2026.
August 12, 2026

Who Is New Lakers Owner Josh Kushner?

His older brother, Jared Kushner, is married to Donald Trump’s daughter Ivanka.
May 9, 2026; Los Angeles, California, USA; Former Disney CEO Bob Iger watches pregame warm ups before the game between Angel City FC and the San Diego Wave at BMO Stadium.
August 12, 2026

Iger, Kushner, Walter Have Sports Empires Beyond the Lakers

The three businessmen already own stakes across major sports leagues.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
Jan 24, 2026; Dallas, Texas, USA; A view of the Los Angeles Lakers logo on the shorts of Los Angeles Lakers forward LeBron James (23) during the game against the Dallas Mavericks at the American Airlines Center. Mandatory Credit: Jerome Miron-Imagn Images
August 12, 2026

Lakers Sold to Kushner, Iger for $12.5B Amid Walter Investigation

It’s the second time in 14 months the team has been sold.
August 7, 2026

The Rams Juggernaut Is More Than ‘F Them Picks’

How a Super Bowl favorite was built in L.A.
Jul 22, 2026; Bronx, New York, USA; New York Yankees left fielder Cody Bellinger (35) hits a double against the Pittsburgh Pirates during the fourth inning at Yankee Stadium
August 6, 2026

Yankees Are Polymarket’s Latest Big Sports Swing

Polymarket became the exclusive prediction-market partner of MLB in March.
Jul 31, 2026; Cumberland, Georgia, USA; Atlanta Braves third baseman Austin Riley (27) first baseman Matt Olson (28) pitcher Elieser Hernandez and catcher Joey Bart (16) react after defeating the Washington Nationals at Truist Park.
August 5, 2026

BravesVision Rollout Drags Braves Revenue Lower

Quarterly revenue and operating income fell for the MLB club.