Dec 29, 2013; Oakland, CA, USA; Oakland Raiders quarterback Terrelle Pryor (2) runs with the ball against the Denver Broncos during the first quarter at O.co Coliseum. Mandatory Credit: Kelley L Cox-USA TODAY Sports

Raiders trade Terrelle Pryor to Seahawks

UPDATE: Jay Glazer confirms the Raiders receive a late-round pick from the Seahawks in return. It was a seventh-round pick, which is the last pick that was able to be traded in this year’s draft.

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It has finally happened. After days of speculation and news that the Oakland Raiders were set to release quarterback Terrelle Pryor if they did not find a trading partner, the team has moved on.

Mike Florio of Pro Football Talk reported on Monday night that the Raiders have traded Pryor to the defending Super Bowl champion Seahawks.

There is no word on what compensation was heading back to the Raiders, but it will likely be for a conditional  late-round pick.

In Seattle, there is no doubt that Pryor will serve in the back up role, but he will also have time to grow under an incredible coaching staff that Pete Carroll has assembled. As a side note, the addition of Pryor means that Russell Wilson now has two quarterbacks on the roster that make more money than he does.

For the Raiders, they can now move forward with Matt Schaub as their unquestioned starter and potentially add a rookie early in the 2014 NFL Draft.

Tags: NFL Oakland Raiders Seattle Seahawks Terrelle Pryor

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