Categorized | 2014 Salary Cap, News

Steelers TE Michael Palmer Contract Update


I have an update on the one-year contract signed last week by Pittsburgh Steelers tight end Michael Palmer.

According to NFLPA records, Palmer did indeed sign for the veteran minimum, but he didn’t receive a signing bonus. His contract, however, is still a qualifying contract and he will only count $570,000 against the salary cap.

So what does this mean? Basically, the Steelers have $65,000 more salary cap space than I originally thought.

Not that it makes a huge difference, but now that we know Palmer didn’t receive a $65,000 signing bonus, he’s even easier to cut should he not make the final 53 man roster as there will be zero dead money associated with him.

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About Dave Bryan

I am, I'm me. 40 something, retired and a life long Steelers fan.
  • steeltown

    If TE is not drafted then I hope Palmer finds himself on the 53

  • Matt Manzo

    What are Palmers strengths? With a chance he’s gotta beat out Paulson

  • Milliken Steeler

    He is a much better blocker and special team player. He also has shown he can catch the ball when called upon.

    I think Paulson isn’t going to make the 53 this year.

  • Matt Manzo

    Thanx! I liked the brief moments we saw of him but I don’t know enough about him to have any thoughts, I just know I’m tired of Paulson, and Chris Carter!
    And I’m the type of guy to give someone too many chances.

  • StarSpangledSteeler

    So once we draft Ebron… Will Palmer’s contract cut leave any dead money?

    ;)

  • dgh57

    More like will Paulson’s cut leave any dead money!

  • Nolrog

    Negligible. About 23K in dead money if he’s cut.

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