The quarterback carousel just keeps on spinning. After days of anticipation, the Oakland Raiders and Arizona Cardinals have finally agreed to a trade sending quarterback Carson Palmer to the Cardinals. As part of the deal, the Cardinals send a sixth-round pick to the Raiders in exchange for Oakland’s seventh-round pick. In addition, the Raiders will also receive for a conditional seventh-round pick in the 2014 draft if Palmer starts 13 games for Arizona in 2013, according to ESPN.
The news didn’t stop there. Shortly after the trade, Carson Palmer agreed to a restructured deal with the Cardinals. ESPN NFL Insider Adam Schefter reports that the restructured contract is for two years, $16 million. It also gives the Cardinals a way out after one year if they feel that it is not working out. The deal is much cheaper than the $13 million Palmer was scheduled to make this year alone.
This is a deal that both teams benefit from. Starting with the Oakland Raiders, Carson Palmer was eating up a good portion of their cap space. In fact, they were so prepared to part ways that they traded for Seahawks QB Matt Flynn on Monday morning.
As for the Cardinals, they needed to bring in a quarterback that could start. After releasing John Skelton yesterday, the only quarterback left on the roster was Drew Stanton, whom was signed mid-March.
I really like this move for the Arizona Cardinals. Despite popular belief, Carson Palmer actually played quite well last year. He completed 61.1.% of his passes and threw for 4,018 yards with 22 touchdowns and 14 interceptions. Those statistics are miles better than what the Cardinals had last year at the quarterback position.
Ultimately, this is a move that will help both teams as they attempt to get back into playoff contention.