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Blogs

Palmer contract helps Cards

Posted by Darren Urban on April 4, 2013 – 1:51 pm

The Cardinals didn’t have to pay much in trade compensation to acquire quarterback Carson Palmer. The new contract he agreed to doesn’t exactly hurt the Cards either.

Both Brian McIntyre and Aaron Wilson broke out the details of Palmer’s new Cards’ deal, the most important detail being that Palmer’s salary cap number is only $4 million in 2013, lower than originally expected but one that fits into Wednesday night’s news of the Cards having about $8.2 million in cap space remaining even after the Palmer trade. (Since the top 51 offseason rules apply to the cap, I’d guess the signings of Curtis Taylor and Bryan McCann didn’t impact the cap at all.)

Turns out Palmer’s two-year deal is technically a three-year contract, helping the cap distribution. It might as well be a two-year deal though, because the third year voids automatically if Palmer is still on the team five days after the Super Bowl next year and if the team wants to cut him, the third year wouldn’t matter anyway. The magic of contract structures.

Anyway, Palmer’s salary of $2 million is guaranteed this season, and he got a $6 million signing bonus. He has an $8 million salary in 2014, with $2 million guaranteed fully, and a cap number of $10 million in 2014.

And here’s a picture of Palmer and Daryl Washington from this morning’s sprints.

PalmerRunBlogUSE


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Posted in Blog | 32 Comments »


32 Responses to “Palmer contract helps Cards”

  1. By RobM on Apr 4, 2013 | Reply

    http://robmilne.blog.com/2013/04/04/what-does-palmer-trade-to-cardinals-mean/

    Definitely not a long-term measure. We will see…

  2. By Bill L on Apr 4, 2013 | Reply

    OK, what’s up with the Barkley Private workout………..who’s going, how long are they staying(Marina Del Rey vacation….or, real work day trip?) Heck, I’m curious…..the Bills may be calling the Browns right now.

  3. By DontTakeLosses on Apr 4, 2013 | Reply

    Daren:
    Good details on contract. Didn’t quite understand year 3.

    From your link: “n 2015, he’s due a $10 million base salary. that’s nonguaranteed.
    However, that year voids if he’s on the roster five days after the Super Bowl next year. ”

    IF cards want to keep him year 3, still void? Free agent? Have to reup for actual 3rd year? Price locked at $10M or start from scratch?

    Man these guys are figuring it out big time, Is this Keim’s influence or has Young Bidwill grown into it? I read his quote that he had learned a lot from the Kolb deal. Indeed.

    Nice article on C. Palmer with charted pays demonstrating his throwing ability:

    http://www.cbssports.com/nfl/story/22007344/palmer-still-has-arm-smarts-to-lead-cardinals-to-playoffs

    Who is in the pic above with C. Palmer?

  4. By LadyBird04 on Apr 4, 2013 | Reply

    Darren

    Love your blogs, posts BUT – I have old eyes and without numbers or names on jerseys, I can’t always identify people in pictures. Is it possible to put names under the pictures you are so good about giving us (i.e. see above)? Thanks for all your hard work.

  5. By Darren Urban on Apr 4, 2013 | Reply

    DTL –

    RE: Palmer

    Yes. Essentially it’s a two-year contract, which is why it was announced as such.

    And that is Daryl Washington.

  6. By Darren Urban on Apr 4, 2013 | Reply

    LadyBird –

    RE: Pictures

    Sorry about that. That is Palmer and Daryl Washington.

  7. By John M on Apr 4, 2013 | Reply

    Im pretty sure the card will still get some sort of QB in the draft.. Palmers age is up there and we still need a future franchise qb. That doesnt neccessarily mean we’re getting Barkley on our 7th pick overall… or even at all

  8. By NYCardinals212 on Apr 4, 2013 | Reply

    Rob M,

    Did you just link to your own article? I am an alien in this world of unashamed self promotion.

  9. By Ben on Apr 4, 2013 | Reply

    Haha @ RobM…that is brutal dude…if you’re going to plug yourself at least make your name, which you can choose, different then you blog name…and check the spelling on the blog article….COME ON MAN

  10. By johnnybluenose on Apr 4, 2013 | Reply

    Darren. care to speculate on why palmer kept his shirt on? didn’t think so.

  11. By andystandsup on Apr 4, 2013 | Reply

    According to the photo above, Cards are signing a one-legged quarterback.
    Cards need to get a leg up on the competition and that picture looks like they’ll come up about a foot short.

  12. By Steve on Apr 4, 2013 | Reply

    Darren: Just saw on NFLdotcom Kent Somers predict that AZ could select OG Chance Warmack(who I think will be the pick too) in the annual beat writers mock draft. Do you think if Warmack comes to AZ he would have a better chance of unseating Daryn Colledge or Adam Snyder at either LG or RG respectively?

  13. By Leeskicitizen on Apr 4, 2013 | Reply

    The structure of Palmers contract reaffirms my observations about the new Cardinal’s front office. I don’t think they’ve made any foolish moves this year since Steve K. and Jason L have taken the reigns. I’m liking the way I feel, probably like Patriot, 49er, or Packer fans feel, when the team continues making smart decisions with player acquisitions and coaching staff hires. Right now I’m willing to be patient and have fun with this coming year of developing into elite team status.

  14. By cobra on Apr 4, 2013 | Reply

    I see everyone is bored again! Comments on the last 3 articles hit a new time low. What part of moving ahead don’t all lot of you comprehend? Rome wasn’t built in a day, nor are the Cards! Hell, the salary cap is manageable for the first time in forever and we still have the draft coming up. Chill, give it time. D Wash messed up like a hundred other Athletes, yet we have options. This may be the year of Free Agency? Draft well and we may not be an embarrassment in the NFC West.

  15. By Credit Card on Apr 4, 2013 | Reply

    Daryl Washington has the body of a Greek God. Good to see Carson Palmer immediately joining his team in practices. Lots of predictions this time of year. I would suspect the evolution and development of the OL and reduction of injuries will make or break the Cards.

    It is good the organization is making a face lift. I think it is easier to sell the idea that this team can win with different players than to sell the same idea to players that has witness being beat on a regular basis.

  16. By Andy Kw on Apr 4, 2013 | Reply

    Carson Palmer steps back in the pocket at their own 30 yard line, he finds his man Larry Fitzgerald open, he throws a hail mary deep down field, into the end zone, and it is caught TOUCHDOWN!!!!!!!!!!!!!!!!!
    -Carson Palmer ends the season strong leading the Cardinals to the playoffs for the first time since Kurt Warner’s retirement.

  17. By Darren Urban on Apr 4, 2013 | Reply

    Steve -

    RE: Warmack

    Anyone drafted in the first round is going to play sooner rather than later. Especially with this coach.

  18. By Patrick on Apr 4, 2013 | Reply

    I hope Palmer had a big head start because if Palmer is winning that sprint something is wrong with Washington.

  19. By Coach Kevin on Apr 4, 2013 | Reply

    That’s a great contract for the Cards and Palmer. I hope the fans realize that when Palmer has talent around him, he is an outstanding quarterback. I remember before his knee injury in Cincy, he was heading for a pro bowl year. He has one of the best receiving groups in the entire league and a vastly improved running game assuming the Cardinals get some young beef up front. And Palmer has a great defense to get him the ball back. I think if we can get those key linemen in the draft, Warmack and Warford, “God’s Guards”, then Palmer is going to tear up this division.

  20. By Nolan on Apr 4, 2013 | Reply

    Hey darren Tyson Clabo was released by the falcons to make cap room for matt ryans contract. Do you see the cardinals showing interest in him?thNks

  21. By Eazy E on Apr 4, 2013 | Reply

    How cheap this organization is, no matter what, Palmer ain’t seeing that 2nd year! Especially the way I expect him to play.

  22. By Brad O'Neill on Apr 4, 2013 | Reply

    did anyone check to see what those too exhaled coming out of the locker room?

  23. By old cadrs fan on Apr 5, 2013 | Reply

    go cards

  24. By ored on Apr 5, 2013 | Reply

    i get the reason for all the love for warmack and i’m warming to it also,still if you weigh the impact of ngata or jj watt against a guard,even a probowl guard it makes it a hard decision.there are lots of really good guards but none are real diference makers by themselves.it just might end up being a reach if it means passing on a STAR.

  25. By Dynosoar on Apr 5, 2013 | Reply

    andystandsup,

    Imagine how good Daryl Washington would be if HE had two legs?

  26. By Jonathan on Apr 5, 2013 | Reply

    Andystandsup,

    I’m sad people downvoted that, pretty hilarious and obvious joke.

  27. By John The Draft Guy on Apr 5, 2013 | Reply

    Easy E,

    Cheap or smart??

    If Carson lights it up, they will redo his contract. If he fails (like you expect), they release him.

    Sounds like a really smart move by the Cards to me.

  28. By vegas4u2012. on Apr 5, 2013 | Reply

    Palmer,seems to understand that his window of oppurtunity is closing,& is willing to do what it takes to get to get that ring.Alot of his doudters are the same people that said Warner was washed up when he came over from the Giants,but when he got his chance,he quickly shut them up!A saying”you really never miss a good thing until it’s gone”.We will see Washingtons impact missed those first 4 games,but believe he will learn his lesson…”what doesn’t kill a man should only make him a better person”…I would not want to be the players that have to block/get hit by DWASH…when he comes back game 5..The O-LINE will be addressed in the draft & they will be much improved…& we will find a steal at strong safety,which will help us somehow…forget about ADUB?…GO BIG RED!!!

  29. By zippo79 on Apr 5, 2013 | Reply

    Carson is is starting off in the right direction,. attending these work outs. Good going im excited for us and Palmer!

  30. By scubasteve on Apr 5, 2013 | Reply

    Bring back Skelton !

  31. By ored on Apr 5, 2013 | Reply

    palmer’s been around long enough to know he has to be a leader both in the locker room and on the field.this may be his best chance to really showcase himself with the talent he’ll have around him.i hope and expect big things,he just needs to bring back the fire that made him a top draft pick.this could really play out like one of those corny movies where the down and out champion resurrects himself and the team,been there before have’nt we.cardinals rise.

  32. By wub wub on Apr 8, 2013 | Reply

    palmer askin washington where do you get your stuff :)

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