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Cardinals restructure Carson Palmers deal for cap room

carson-palmer

The Cardinals have been pretty active in free agency already.

But they have a little more room now if they need it.

According to Kent Somers of the Arizona Republic, the Cardinals completed a restructure with quarterback Carson Palmer today, clearing $7.1 million of cap space. Palmer had a $9.5 million roster bonus due today, and it was converted to a signing bonus to prorate.

Granted, that kicks the can down the road, and creates cap numbers of $19 million and $22.6 million the following two years.

But at the moment, it buys the Cards a little room to work, after already signing guard Mike Iupati to a big deal and scads of defensive help on smaller ones.