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Palmer also restructures

In an expected move, the Raiders have announced that quarterback Carson Palmer has restructured his contract with the team.  Interestingly, they announced the move via Twitter a sign the times have changed.

According to PFT, the team could create as much as $7.71 million in cap space if he dropped to the league minimum and converted the rest into a signing bonus.  It’s also possible that Palmer took less money.  Terms have not been announced.