Former Bengals quarterback Carson Palmer was officially traded from the Oakland Raiders to the Arizona Cardinals for a conditional seventh-round pick in the 2014 NFL Draft, according to Adam Schefter.
Cardinals trade for Carson Palmer now official. Raiders get back a conditional 7th-rd pick in 2014 if Palmer starts 13 games.— Adam Schefter (@AdamSchefter) April 2, 2013
According to Albert Breer, Palmer's deal with the Cardinals is worth $20 million over two years, and $10 million is guaranteed.
Carson Palmer's deal with the Cardinals is worth up to $20 million over two years, with $10 million guaranteed.— Albert Breer (@AlbertBreer) April 2, 2013
This means that the Raiders officially have traded away Palmer to another team before they have finished paying the Bengals for him. The Bengals' extra second-round pick in the upcoming draft is from the Raiders for Palmer. It also means that the Bengals' trade of Palmer to the Raiders will go down in history as one of the most one-sided trades in NFL history.
The Cardinals opted to release Kevin Kolb this offseason in search of a new quarterback. Now that they've decided on Palmer, they'll likely try to beef up their offensive line as they gave up more sacks in 2012 than any other team in the league, with 58. Palmer isn't the most mobile quarterback and will likely either get hurt or, at best, struggle under so much pressure.
Of the three teams involved in Palmer over the last three years, the Bengals, Raiders and Cardinals, there's no question the Bengals are the clear winners.