After handing out $62.5 million in new money to Tyrann Mathieu earlier this week, the Arizona Cardinals opened the pursestrings again, this time for their two offensive stars: Carson Palmer and Larry Fitzgerald both signed one-year-extensions, the team announced Friday.
#AZCardinals gave QB Carson Palmer a 1-yr extension worth just under $24.35M, source said. Next 2 years are now fully guaranteed. Up in ‘18— Ian Rapoport (@RapSheet) August 5, 2016
Palmer, 35, was already on a 3-year, $49.5 million deal he signed just last offseason, which might appear like a bargain in a market that pays Brock Osweiler more than that. But Palmer’s cap hits were 17.875 and 19.875 million these coming two seasons and his signing bonus had been spread out into 2018, past the end of his contract. So it’s not sure yet how much cap relief or pressure is attached to the new deal.
Fitzgerald, who recently wasn’t ruling out retirement after this season, is now locked up through 2017, all but guaranteeing he plans to stick around.
Terms of the extensions were not immediately disclosed. More Rapoport, however:
#AZCardinals WR Larry Fitzgerald signed a 1-year extension worth $11M, source said -- same as his base salary for '16. Guaranteed for injury— Ian Rapoport (@RapSheet) August 5, 2016
The moves lock up the Cardinals’ main offensive stars, who will turn 37 and 33 this year.
Despite their age, Palmer and Fitzgerald each enjoyed an offensive renaissance last season. Palmer set career marks in Y/A, passer rating, ANY/A, TD percentage and yards, while remaining in the conversation for league MVP all season.
Fitzgerald caught 109 passes for 1215 yards and nine touchdowns, his most productive season since 2011. The 109 receptions was a new career high.
Seahawks fans: so maybe we have to watch two more years of this. Eh. Hopefully it's against the Packers again. They deserve it.