Quarterback will not take pay-cut from his $13m salary.
The Oakland Raiders will now face a decision to either pay Carson Palmer $13m or release him, after reports suggested that it was ‘highly unlikely’ the Quarterback will restructure his contract.
The Raiders face a decision that will have an effect on their teams fortunes before the season has even begun, as Carson Palmer’s contract negotiations stall.
With the team looking to have the 33-year old compete with Terrelle Pryor for the starting job, the organisation would be making a financial error if they were to keep Palmer and not play him, as they would be effectively wasting $13m of cap space.
The chances of the Raiders making that mistake are slim, as the team will look to cut ties with the Quarterback they traded two first round picks for in 2011 from Cincinnati.
Despite being the first overall pick in 2003, the former Heisman trophy winner failed to deliver in Oakland, and with a salary that will see him earn more than Drew Brees, Tom Brady, Matt Ryan and Aaron Rodgers in 2013, the Raiders seem to have no other option.
Still, this could be a blessing in disguise for the disjointed franchise. Terrelle Pryor can benefit from three years of learning the game, and is a good example of the new mobile Quarterback. The 23-year old could bring hope to a fan-base that has been devoid of success since 2002.
Their other option is to draft a QB at the number three position in the upcoming draft, with West Virginia Quarterback Geno Smith thought to be creating some interest within the Raiders front office.