Source: Carson Palmer tweaks deal

Updated: March 9, 2012, 6:13 PM ET
By Adam Schefter | ESPN

Raiders quarterback Carson Palmer has restructured his contract, saving Oakland about $9 million on the cap, according to a league source.

The Raiders flipped his $12.5 million base salary in 2012 to an $11.68 million roster bonus, which prorates like a signing bonus, to go along with an $825,000 base salary. They agreed to the change on Thursday.

It was a good deal for both sides, as Palmer previously had only $5 million fully guaranteed in 2012. He essentially now has $12.5 ...

Read full story


You must be signed in to post a comment

Already have an account?