Carson Palmer will either be cut by the Raiders or have his contract re-structered.
Most likely, it will be latter option, as Terrelle Pryor is not ready to be the starter yet and Palmer may have a few good years left in him.
If his contract is re-structered, the Raiders could use Michael Vick’s new contract as a baseline.
Vick, who was owed $15.5 million in 2013, inked a deal with the Eagles that could make him up to $10 million, a dramatic pay cut.
Palmer is entitled to $13 million next season, and NBC Sports reports that Vick’s “could provide the template for a similar arrangement.”
However, if Palmer is unwilling to take a pay cut, then it’s “bye-bye baby.”
The veteran quarterback was traded to the Raiders midway through the 2011 season after an injury to Jason Campbell. Since then Palmer has been the starter for the Silver and Black.
In 15 games last season, he threw for over 4,000 yards, 22 touchdowns and 14 interceptions with a quarterback rating of 85.3. Palmer was severely handicapped, as injuries hampered most of his offensive weapons downfield, his running back, and his offensive line.