Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bengals Will Let Carson Palmer Retire Instead of Trading Him

July 26 (Bloomberg) -- Cincinnati Bengals owner Mike Brown said he’ll let Carson Palmer retire rather than agree to trade the quarterback, the National Football League team said on its website.

Brown denied Palmer’s request to be traded on Feb. 7 after the Bengals finished 4-12 last season.

Palmer told a Cincinnati television station in March that he would rather retire than return to the Bengals, saying he had $80 million in the bank and that, “I don’t have to play football for money. I’ll play it for the love of the game but that would have to be elsewhere.” He is signed through 2014.

Palmer, 31, was selected first overall by the Bengals in 2003 NFL draft. The two-time Pro Bowl passer has a 46-51 record as the team’s starting quarterback, throwing 154 touchdowns and 100 interceptions.

Brown said today that a trade would reward Palmer for failing to play out his contract, and that the team would move ahead with second-round draft pick Andy Dalton as the possible starter, the team said.

NFL transactions began today following the conclusion of a four-month lockout the led to a 10-year labor contract.

To contact the reporter on this story: Mason Levinson in New York at mlevinson@bloomberg.net.

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.