Palmer Set to Restructure his contract if Needed

[juza76]

palmer contract after 2015 season is easily avoidable.

http://www.spotrac.com/nfl/arizona-cardinals/carson-palmer/

 

[TJ]

It's not about how much cap space a team has, it's about how you use it. The Raiders, Bucs, Jaguars, and Titans all seem to have loads of cap space year after year, and yet these teams are doormats.

Most great teams draft well, not rely upon free agency. How often do teams like the Packers make significant moves in free agency? Rarely.

 

[juza76]

It's not about how much cap space a team has, it's about how you use it. The Raiders, Bucs, Jaguars, and Titans all seem to have loads of cap space year after year, and yet these teams are doormats.

Most great teams draft well, not rely upon free agency. How often do teams like the Packers make significant moves in free agency? Rarely.

when u have aaron rodgers u dont need to make big splash in free agency

look at new england and even seahawks today.they play smart in free agency cause they all have a great qb

 

[kerouac9]

It's not about how much cap space a team has, it's about how you use it. The Raiders, Bucs, Jaguars, and Titans all seem to have loads of cap space year after year, and yet these teams are doormats.

Most great teams draft well, not rely upon free agency. How often do teams like the Packers make significant moves in free agency? Rarely.

That's true, but when they do make moves in free agency, they tend to be significant. Charles Woodson and Julius Peppers kind of significant.

I agree with this general premise. I don't think that you should be seeking out saviors or your best players in free agency. I just think that people who are saying the Cards are going to bring in 3-4 stars are going to end up disappointed.

 

[WildBB]

I just want solid starters in FA. I want draft flexibility to jump on that guy who shouldn't have made it to our pick. That's how you get better longer term.

 

[earthsci]

As long as it is better than Beuerline, Cecil & Clark.......

Gary Clark was a big d and I don't mean defense.

 

[overseascardfan]

In another post I stated that Palmer could do the following:

Palmer is signed thru 2018 and has a 9.5M roster bonus due this month.

Switch his Roster Bonus to a Signing bonus and spread to over the remaining 4 yrs.

Cap savings of $7.14M.

Now if Veldheer restructures his contract here is a good way to do that contract.
Switch 5M of is base salary into a signing bonus.

Cap savings of 3.75M.

Campbell's will be a litter harder to figure out so let see what happens.
Roster Bonus to Signing BonusSavings

Done deal according to ESPN.

 

[Arizona's Finest]

Jesus could the Palmer trade been anymore of a heist.

Got us a 16-6 QB who cares about team and winning more then anything

Allowed us to keep Fitz

Got us Veldeheer

Giving us room to be players in FA this year

Got us all thinking Super Bowl this year and going forward

For what a 6th round pick? Ok.

 

[Shane]

Done deal according to ESPN.

Not according to Urban... The deal is done but not enacted unless needed.

 

[D-Dogg]

Jesus could the Palmer trade been anymore of a heist.

Got us a 16-6 QB who cares about team and winning more then anything

Allowed us to keep Fitz

Got us Veldeheer

Giving us room to be players in FA this year

Got us all thinking Super Bowl this year and going forward

For what a 6th round pick? Ok.

That last part is what is freaking amazing. And throw in that we may pull Wisniewski in this FA period as well...

 

[overseascardfan]

Not according to Urban... The deal is done but not enacted unless needed.

I don't get the point of going through the process not to enact it. What's the harm in enacting it?

 

[Shane]

I don't get the point of going through the process not to enact it. What's the harm in enacting it?

Because if they don't need the $ in cap space there is no point in doing it.

Now if they feel they need to land a FA then the deal is in place to free up the money.

 

[Shane]

I don't get the point of going through the process not to enact it. What's the harm in enacting it?

http://blog.azcardinals.com/2015/03/06/clarifying-palmers-near-restructure/

Explains it better

 

[TJ]

That's true, but when they do make moves in free agency, they tend to be significant. Charles Woodson and Julius Peppers kind of significant.

I agree with this general premise. I don't think that you should be seeking out saviors or your best players in free agency. I just think that people who are saying the Cards are going to bring in 3-4 stars are going to end up disappointed.

The difference is the foundation is built through the draft; free agency is used to fill holes. Woodson was a significant addition for the Packers. So was Peppers, but Peppers was more of a luxury than a need (and quite frankly fell into their laps).

If the Cardinals bring in another Veldheer type, that would be awesome, but I'd much rather see home runs in the draft.

 

[ajcardfan]

This is a done deal, according to 620.

 

[ajcardfan]

I'm very excited to see what we have planned for free agency. No way this happens if they are not sure of signing some really significant free agents.

 

[ajcardfan]

Bump.

I'm more excited about this than the Fitz pay cut. I don't think anyone expected this when the offseason started.

 

[Darkside]

I'm very excited to see what we have planned for free agency. No way this happens if they are not sure of signing some really significant free agents.

Agree with all of this. You don't cut Dock, let Williams test FA, not tender Ta'amu, and restructure Palmer and Fitz, unless you plan on making a splash in FA.

Personally I hope they address both lines and get a Center and either Wilfork or Ngata with another linemen thrown in (will be happy with the 3rd FA being offense or defensive line).

I have high hopes. Don't kill the dream. Let it breath a little. ☺

(And just a thought that probably isn't true, but AP may be willing to sign for less if he thinks he can win a ring. His window is closing fast and he's already a HOF player)

 

[BillsCarnage]

I'm very excited to see what we have planned for free agency. No way this happens if they are not sure of signing some really significant free agents.

If it is true that he's restructured, it should be a fun week or two coming up for us fans.

Anyone know if the $21mil is after the rookie pool?

Edit - it's post rookie pool

 

[Jim Otis]

Calais Campbell Nailed It !!!

I recall what he said when the Palmer trade happened .

"We Got Us A Real Quarter Back Now"

 

[Dr. Jones]

Why would we need this cash? A big signing coming? Ehhh..... Ehhh.....

Kent Somers @kentsomers
it's official now: Carson Palmer did restructure contract. $9.5 roster bonus converted to signing bonus. #azcardinals pick up $7.1 of space

 

[Dr. Jones]

More...

Kent Somers @kentsomers
Downside of Palmer restructure: '16 cap number of $19m, $22.6 in '17, per overthecap.com. will have to be addressed.

 

[Shane]

Why would we need this cash? A big signing coming? Ehhh..... Ehhh.....

Just FYI he's reporting late. That was filed with the NFL about a week ago and the Space given to the Cardinals.

 

[Dr. Jones]

I was under the impression it was being held in case we needed it. It was reported that way last week IIRC.

It did have to be done by today though.

Kent Somers @kentsomers
Palmer's $9.5 RB was due to be paid today, so if #azcardinals were going to restructure, had to do it.

 

[Dr. Jones]

In fact.... Here it is: http://blog.azcardinals.com/2015/03/06/clarifying-palmers-near-restructure/

Turns out, Palmer wasn’t quite on point, of which he was informed after the fact. Palmer has indeed agreed to a restructure — which likely would include turning an option bonus into signing bonus, clearing about $7 million of cap space — but it has not yet been executed. So the Cardinals still figure to have around $14 million of cap space heading into next week. What it does mean is that the Cardinals and GM Steve Keim have some reserves in their back pocket if the team were to need more cap space during free agency.