The Facts:
As the Raiders continue to chop away at a cap surplus as high as $25 million, they've taken another chunk out of their excess. The team has announced that Palmer restructured his contract.
Reported by Profootballtalk.com
Fantasy Football Diehards Line:
According to PFT's Mike Florio, NFLPA records do not yet reveal any reduction in Palmer's base salary of $12.5 million. Since Palmer's contract runs through 2014, he could create as much as $7.71 million in cap space by dropping his salary to the 10-year league minimum of $925,000 and converting the rest into a signing bonus. The difference ($11.575 million) would be spread equally over the next three seasons, with $3.85 million applying this year, next year, and in 2014. Florio added it's also possible that Palmer simply took less money.
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