With so much speculation swirling around the future of ...

With so much speculation swirling around the future of Cincinnati Bengals quarterback Carson Palmer, details are starting to emerge with three games remaining in a disappointing season.

It's highly unlikely Palmer would accept a pay cut this offseason to remain with the rebuilding Bengals (2-11). Palmer is projected to be one of the NFL's highest-paid players in 2011 with a base salary of $11.5 million, and this could be the first step to a potential parting between the two-time Pro Bowl quarterback and the team which drafted him No. 1 overall in 2003.

Cincinnati has yet to discuss its offseason plans with Palmer. But with the pay-cut option now squashed, this puts the Bengals in a tight spot. Cincinnati - one of the NFL's most frugal franchises - has to decide whether to overpay for a struggling quarterback or release Palmer, who will be 31 on Dec. 27, and make him a free agent for the first time in his career.

With no salary cap in place, the Bengals can cut Palmer without absorbing any charges.

Fantasy Impact: 

If you still have Palmer in a keeper league, it's probably time to release him.

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