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Carson Palmer is owed $17.335 million in 2013 by the Oakland Raiders, according to Spotrac, and all of it is guaranteed ($15 million base salary and $2.335 million signing bonus).
His release is speculation at this point, but it’s worth noting that any quarterback rumored to be released or traded these days will be—and has been—linked to the Arizona Cardinals. It’s just the nature of the business when your team lacks a “franchise quarterback.”
Palmer does make sense for head coach Bruce Arians and the Cardinals, however.
He is willing to push the ball downfield and is accurate on his short and intermediate passes. At his age (33), he hasn’t been as active a passer as one might assume.
In today’s aerial-assault league, quarterbacks throw now more than they ever have. But Palmer has not kept up with the times. His 4,118 passing attempts rank him 18th on the list of passing attempts by quarterbacks from the time they've entered the league to their 33rd years on earth.
No one threw more passes before age 34 than Drew Bledsoe, who rocketed 6,548 attempts from 1993-2005—no one, that is, until Matthew Stafford gets there (at his current two-year pace, by then Stafford will have thrown more than 8,000 passes).
For a veteran quarterback of his age, Palmer has not had the wear-and-tear on his arm others have had. If he stays healthy, he could have at worst two to three good seasons remaining.
At best? Five to six years.