ESPN’s Adam Schefter reports that the Oakland Raiders have just reached a deal for Bengals QB Carson Palmer. Oakland has decided to trade a first-round pick in 2012 and a 2013 second-round pick to Cincinnati for Palmer.
Obviously the loss of Jason Campbell forced their hand in the matter but this is an extremely high price to pay for any player. Palmer has been reported to be working out throughout the season but yo have to wonder what kind of shape he’s really in.
Palmer, 31, is still under contract for another four season at base salaries of $11.5 million, $11.5 million, $13 million, and $14 million. Palmer is still owed $7.44 million for the 2011 which is interesting because the Raiders were reported to have $6.1 million in cap space which means that they’re going to have to figure out how to get under the cap following the trade.
Oakland has put together a pretty good season thus far and will play the Kansas City Chiefs in Week 7. Following that game they have a bye and the play division rivals Denver and San Diego which could end up deciding who wins the AFC West.
As for the Bengals, I have to admit that I’ve been very critical of how the team has handled the Palmer situation and like a good majority of the NFL media members I was wrong. If this was Mike Brown‘s plan all along, I have to hand it to him. I was suggesting that they should have dealt him for a second-round pick once the offseason was open for business which in hindsight is pretty laughable. Brown stuck to his guns and wound up winning a holdout better than any that I can remember. Cincinnati is now in a great position to build a solid contender that can rival the Steelers and Ravens.