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Palmer joins Seymour, Huff as restructures

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.

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Jerry McDonald - NFL Writer

  • raiderjhawk

    TRob for POY.

  • r8eray

    Raiders released/failed physical S Hiram Eugene.
    Eugene, 31, was due a $2.25 million base salary. The Raiders are slashing costs, and Eugene still wasn’t fully recovered after missing all of last season with a dislocated hip. Eugene is primarily a special teamer, so he’d been vastly overpaid by the old Oakland regime. The Raiders still have to make a decision on the future of Kamerion Wimbley’s $11 million base salary.

  • RaiderLen

    Raider O Says:
    March 9th, 2012 at 4:04 pm
    Len,

    That’s because they grew up wanting to be soccer players. No normal kid dreams about becoming a kicker in the NFL.
    -What do you wanna be when you grow up?
    - NFL kicker!
    ——————-
    You got it!

    Exactly right.

  • raiderjhawk

    R8eray, I said that almost 45 minutes ago. Get with the times man.

  • Chris in NY

    Lefty, it’s a business my friend. Truth is Palmer, Seymour and the rest restructuring didn’t involve any real sacrifice, it was really just a shuffling of numbers. Sounds like Wimbley ultimately takes less than even if the Raiders cut him considering what he’s likely to get elsewhere.

    The thing about Bush I disagree with as well. Dumb idea by Tom Cable. FB and HB are dramatically different roles and something Bush has never done before. This was the coach that put Janikowski in a position to try to outrun a defense to the edge and take a ball 9 yards deep in the backfield and run it for a first down on 4th and 8.

  • raiderjhawk

    You guys are crazy, I wanted to be a field goal kicker when I was young. I’ve actually been training my son to kick FG’s. You can make some good money and every team needs kickers.

  • http://www.raiders.com Raider O

    LA,

    Do you mind me asking how old you are?
    Most kids in their early twenties can’t spell responsibility these days.

  • RaiderLen

    Raider O Says:
    March 9th, 2012 at 4:11 pm
    LA,

    Do you mind me asking how old you are?
    Most kids in their early twenties can’t spell responsibility these days.
    ———————–
    Pardon me for butting in here O…

    My son is 20, and has been and is, way more responsible than I was at the same age.

    Plenty of responsible young’ins out there.

    Not just my Son, but most of His friends.

  • edward teach

    RaiderDebo Says:
    March 9th, 2012 at 3:20 pm
    LA to TheBay Says:
    March 9th, 2012 at 3:11 pm
    If Kerry Collins can get 10 more chances, JR surely deserves one.
    ——-

    Then why hasn’t he gotten it?
    @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

    Damn good question! I suspect the bogus Vicks 44 allegeations leveled at him cost him him shot with the Bengals and Jets in 2010. Toward the end of the year, he got a look from the Redskins, who didn’t end up signing anyone. With no offseason in 2011 during the lockout, there was a glut of free agents that signed late and he probably got lost in the shuffle. Lots of bad luck for this dude. Too bad he doesn’t have an Ernie Acorsi, who was great friends with Joe Paterno, hand him a job like he did for Collins in NY. We’ll see what happens in 2012. If he really wants to make a comeback, and I don’t blame him if he doesn’t, he’ll get another shot.

    ********************************************************

    Bogus load of crap.

    NFL teams are billion dollar operations that will do virtually anything to win in an extremely competetive environment. This means that they have the resources to check out anything and everything about a player before making a move to sign him. Those “bogus Vicks 44 allegations” would have been checked out, analyzed and then checked out again before anyone made a move. So would the stories coming out of Oakland that his work ethic was laughable and that his attitude was not that of an NFL player.

    If any or most of that was proven to be groundless he would be on an NFL roster right now.

    “lost in the shuffle?” Stop lying to yourself. At some point you have to realize that Jamarcus sank his own boat, that he was the only one that could dredge it up, and he couldn’t bring himself to do it.

  • lefty12

    Chris,the difference is Palmer,Seymour and the rest restructured to help the TEAM.Wimbley refuses to do so to help the TEAM.He is only worried about himself,not a team player or the type of player Reggie has said he wanted.As far as Bush goes,you have to know it was the old man’s idea for him to play FB and it was requested ONLY due to injuries,yet he refused to ‘take one for the team’.Once again an Imate not a TEAMate.

  • Chris in NY

    Lefty, I like Seymour and Palmer a lot, but their helping the team didn’t come at their own expense. If anything it benefitted them as they got more of their money up front in a signing bonus, rather than delayed.

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