Arizona Cardinals quarterback Carson Palmer, recovering from a torn ACL, said Thursday that he will be ready for training camp.

Palmer, who was injured in Week 10 last season, told AZCardinals.com that his recovery is going well and he’s running and throwing five days a week.

Palmer said he hopes to practice during OTAs or minicamp, but he knows coach Bruce Arians likely will be cautious with him.

“I think I’m ready to go out and do everything. But I’m not, and I know I’m not, deep down,” Palmer said. “You just feel good and you want to do more and more.”

Palmer also said he has agreed to restructure his contract to create some salary cap room if it helps the team. The Cardinals had about $13.5 million in space under the $143.3 million cap on Thursday.

The Cardinals started 9-1 last season and faded down the stretch without Palmer and backup quarterback Drew Stanton, who also was injured. With Ryan Lindley starting their playoff game, the Cardinals were eliminated by the Carolina Panthers, 27-16.

“(This team is) as good as I’ve been on and we’re only going to get better next week (when free agency starts),” Palmer said. “The trust and faith you have in (general manager Steve Keim) and his whole crew and Bruce to bring in the right guys for the right spots, we have a good group, and all they try to do is add.

“We know we have a shot,” he added, “and there are a lot of teams that don’t.”