Carson Palmer is far too expensive for the Oakland Raiders in 2013, and the franchise will be better off in the long run to simply release the veteran quarterback before the season begins.
ESPN's Adam Schefter reported on Monday that Palmer is "highly unlikely" to restructure his current, exorbitant deal:
As Schefter reports, Palmer's base salary in 2013 is set to be $13 million. Should the team decide to release him, $9.34 million would count as "dead money" against the cap, per Spotrac.com.
While $9.34 million is no small amount, cutting Palmer would allow the team to save $4.66 million, which the team could certainly use.
His base salary makes him the fourth highest paid player in the NFL, right behind Chris Long, Jared Allen and Peyton Manning.
Judging strictly by the numbers, Palmer was an average quarterback last year. He has also proven to be just an above-average quarterback throughout his career.
Palmer's best year as a pro came all the way back in 2005, his second season in the league. He threw for 3,836 yards with 32 touchdowns and just 12 interceptions, completing 67.8 percent of his passes for a passer rating of 101.1.
The $4.66 million the team would save by cutting Palmer loose would give it the salary cap room to do one of two things:
Should Palmer refuse to make a deal, the only logical move general manager Reggie McKenzie can make is to simply let Palmer walk.
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