By Jerry McDonald - NFL Writer
Thursday, March 8th, 2012 at 6:34 pm in Oakland Raiders.
Add quarterback Carson Palmer to the list of Raiders players who have restructured their contracts to help get the team below the NFL salary cap.
The club announced on its Twitter account Thursday that Palmer, along with defensive tackle Richard Seymour and safety Michael Huff, had restructured their contracts.
The salary cap is expected to be in the $120 million range when announced early next week. The Raiders, according to various reports, have been anywhere from $10 million to $20 million over the cap.
The Huff and Seymour restructures reportedly saved the Raiders more than $11 million against the cap. Palmer was due a $12.5 million salary, a figure that was likely slashed with money in the form of a roster bonus added with a possible extension. For bookkeeping purposes, that drops the cap number because bonus money is prorated over the life of the contract.
Still to be determined is the status of outside linebacker and nickel rusher Kamerion Wimbley, who is due $6.5 million in guaranteed money this season and $11 million in all.
If the Raiders desire to actually cut Wimbley’s payout, it’s possible the man who has 16 sacks over the past two seasons could end up being released and on the open market when the free agency period begins next Tuesday.
Another potential restructure could be linebacker Aaron Curry, who almost certainly won’t play for his existing $5.75 million salary in 2012 but has expressed a desire to remain a Raider.