Palazeti was born and grew up in Detroit, Michigan and attended Assumption College School in Windsor, Ontario as a boarding student.
As a senior he was named team captain and rushed for 130 yards and caught a touchdown pass in a 28-24 near upset of Georgia.
[3] Because he attended high school in Canada, Palazeti was designated a non-import player and was selected as a territorial exemption in the 1976 CFL draft by the Ottawa Rough Riders.
As a rookie, Palazeti was a member of the Rough Riders Grey Cup championship team.
[5] He returned to Calgary in 1983, but was traded again to the Toronto Argonauts and was a member of the team when they won the Grey Cup at the end of the season.