After the Oakland Raiders traded to get quarterback Matt Flynn, it seemed like guaranteed conclusion that Carson Palmer would be sent packing. He expressed his displeasure with the team and unwillingness to restructure his contract in order to save the team money. The Arizona Cardinals became the main player in trade talks for the veteran quarterback and everything seemed in place for Palmer to be on his way to Arizona. However, at the last minute, trade talks hit a snag and nothing was finalized. Now, Palmer is left in limbo.
It was assumed that the trade between the two teams was all but finished. The terms had been agreed upon. Palmer was expected to take a pay-cut that would reduce his salary from $13 million to about $8 million. The Cardinals had released backup quarterback John Skeleton to make room in the salary cap for Palmer. However, specific terms about the restructured contract were not agreed upon, halting the trade.
Both teams are extremely interested in getting this deal done. The Raiders are ready to get rid of Palmer's hefty contract and the Cardinals want a starting quarterback in place before the draft comes around so that they can focus on other areas. It is unknown how far apart the two sides became on the terms of the contract, but this deal might not get done.
Palmer has said that he would rather be a backup somewhere than play for the Raiders in 2013. There are still options out there for him if a deal with the Cardinals is never finalized. A source close to Palmer said the quarterback was eyeing Tampa Bay as a possible landing spot. The Buccaneers have a starting quarterback in Josh Freeman, but could take Palmer as a backup like he originally wanted.
The Buffalo Bills are also potentially interested in Palmer. They were the other team showing original interest in the quarterback before Arizona got involved. They have been heavily pursing the quarterbacks in this year's draft, but could make a pull for Palmer since he would be ready to start right away.
Where Palmer eventually lands is anyone's guess. At this point, it seems likely the deal will eventually get done with Arizona, but if they decide to let Palmer walk away, he still has other options open.