In January, Bengals owner Mike Brown flatly refused, saying that Palmer was crucial to the team's plans.
Palmer is now ready to quit football entirely to get off the Bengals.
Palmer obviously feels the situation with the Bengals is completely unworkable. He does not think that going back is an option whatsoever.
This week, it was reported that Palmer stated he was confident he would never set foot in Paul Brown Stadium again. Palmer made it clear that he has plenty of money in the bank (a reported $80 million) and can live quite comfortably on it for the rest of his life.
He also made it clear that he does not need to play football anymore for the money. He now plays only for the love of playing and wanting to win. So, his fight with the Bengals isn't over money. It's because he honestly feels that for whatever reasons—and I am sure there are MANY—he can no longer play for them.
Palmer himself has not said a word to the media directly. He stated his case to the Bengals and they countered with a flat "no way" to the trade request.
His agent David Dunn released a statement saying, "Because of the lack of success that Carson and the Bengals have experienced together, Carson strongly feels that a separation between him and the Bengals would be in the best interest of both parties." Palmer wants out and apparently he will do whatever he has to in order to get out.
Palmer was the overall first pick in 2003 and he led the Bengals to the playoffs in 2005 and 2009, which are their only winning records in the past 20 years. Palmer has battled through knee and elbow injuries while playing for the Bengals. He had an abysmal 2010, as did the Bengals. Terrell Owens blamed everyone in the Bengals organization for the poor showing except himself.
There is always more to a story, but for this one I think it's a combination of too many chiefs, too much constant whining and nagging from overrated receivers, some behind-the-scenes things going on with management and not enough on-the-field decisions being made by Palmer himself. Regardless, Palmer is done with the Bengals—that is all but certain.