Raiders QB Carson Palmer Restructures His Contract

Discussion in 'Oakland Raiders' started by SRW, Mar 8, 2012.

  1. SRW

    SRW Ex-World's Worst Site Admin Staff Member

    The Oakland Raiders announced that quarterback Carson Palmer restructured his contract to help the team clear space under the salary cap. Details of the Palmer restructure are not yet known. Palmer is signed through the 2014 season and is due $12.5 million in base salary, $5 million of which is guaranteed, with a $1 million roster bonus for the upcoming season. If the Raiders followed the same model as the Seymour and Huff restructures, they could create $10.14 million in cap space by lowering his base salary to $825,000 and combining the remaining $11.675 million with his $1 million roster bonus and treating that amount like a signing bonus, adding two seasons to maximize proration.

    Source: Mac's Football Blog
  2. TheSnowman

    TheSnowman #1 Trap Star

    Aaaand they'll still be 15-20 in the hole
  3. CaptainStubing

    CaptainStubing Gave her a Dirty Sanchez

    yep, they've still got more work to do
  4. 86WARD

    86WARD NFL's Dirtiest Player Staff Member

    The amount of players they are going to have to cut and release, like I said before...when all is said and done, they might wind up looking like an expansion team roster.
  5. CaptainStubing

    CaptainStubing Gave her a Dirty Sanchez

    eh, they could just sign 52 other guys off the street ............ as long as they have Carson, they're a championship team.
  6. 86WARD

    86WARD NFL's Dirtiest Player Staff Member

  7. wonderyears

    wonderyears Rookie

    I wouldn't be opposed to blowing up this team's roster and just be terrible for another 3-4 years as we build up to something good. As long as Davis is actually committed to McKenzie and will let him stay around for several years, winning or losing, before canning him.
  8. 86WARD

    86WARD NFL's Dirtiest Player Staff Member

    Doesn't sound like they have much of a choice but to go that route...

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