The Raiders are nearing agreement on a deal to acquire Carson Palmer from the Cincinnati Bengals in exchange for a first-round draft pick and a conditional draft pick, according to Jay Glazer of Fox Sports.
Palmer refused to play with the Bengals this season, sitting out rather than collect $11.5 million in salary. Jackson has a relationship with Palmer in that he was a wide receivers coach in Cincinnati the last time the Bengals went to the playoffs. The Raiders would be on the hook for $7.44 of Palmer’s remaining salary, considerably more than the $4.1 million Jason Campbell will make over the entire season.
The Twitter update doesn’t say if the first-round pick is from the 2012 draft. The Raiders have dealt away much of that draft, although they are due compensatory picks for lost free agents and can still trade existing players for more draft picks.