Trey Palmer signed a 4 year, $4,019,292 contract with the Tampa Bay Buccaneers on June 8th, 2023. The contract runs through the 2026 season and has an average annual value of $1,004,823. It also came with a $179,292 signing bonus. Palmer was represented by Tyrome Baisden and Carron Mitchell in negotiations.
| Year | Base Salary | Cap Hit | Cap % |
|---|---|---|---|
| 2023 | $750,000 | $794,823 |
0.35%
|
| 2024 | $915,000 | $959,823 |
0.38%
|
| 2025 | $1,030,000 | $1,074,823 |
0.39%
|
| 2026 | $1,145,000 | $1,189,823 |
0.40%
|