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Source: Carson Palmer tweaks deal
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ctipton Offline
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Post: #1
Source: Carson Palmer tweaks deal
Source: Carson Palmer tweaks deal
Updated: March 9, 2012, 2:24 PM ET
By Adam Schefter

Raiders quarterback Carson Palmer has restructured his contract, saving the Raiders about $9 million on the cap, according to an NFL 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 million guaranteed.

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http://espn.go.com/nfl/story/_/id/766619...ource-says
 
03-09-2012 03:17 PM
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Bearcat Otto Offline
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Post: #2
RE: Source: Carson Palmer tweaks deal
Do anything you can to keep your job.

Especially when you are on the backside of the mountain in your career.
 
03-09-2012 03:55 PM
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Bearcat_Bounce Offline
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Post: #3
RE: Source: Carson Palmer tweaks deal
the Raiders are in serious financial (22 million over the cap) trouble thanks to the late Al Davis. Richard Seymour and Michael Huff have done the same.
 
(This post was last modified: 03-09-2012 06:55 PM by Bearcat_Bounce.)
03-09-2012 06:54 PM
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