Carson Palmer may have been unwilling to take a pay cut, but the newly-acquired Matt Flynn restructured his contract the same that he was traded.
According to ESPN’s Adam Schefter, Flynn increased his 2013 base salary from $5.25 million to $6.5 million, all of it guaranteed. In the second year of his contract, his base salary will drop from $6.25 million to $5 million.
Flynn was traded from the Seattle Seahawks to the Oakland Raiders for a fifth-round pick in the 2014 NFL Draft and a conditional pick in the 2015 draft.
Flynn, who backed up Aaron Rodgers in Green Bay for four seasons, signed a lucrative three-year, $19.5 million deal with the Seattle last offseason, only to be benched in favor of Russell Wilson. Wilson completely took over the reigns, leading the Seahawks to the playoffs and leaving Flynn in the dust.