Report: Matt Schaub Traded To Raiders For Late Round Pick

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(Credit: Scott Halleran/Getty Images)

(Credit: Scott Halleran/Getty Images)

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Houston (CBS HOUSTON) – Thursday’s signing of Ryan Fitzpatrick will likely signal the end of the Matt Schaub era in Houston.

As SportsRadio 610 first reported Sunday, the Texans and Raiders have been engaged in serious trade negotiations involving Schaub. ESPN’s Adam Schefter reports the Raiders are “expected to trade a late round draft pick” for the longtime Texans QB.

A source told Sports Radio 610 that the deal was made last week, but was held off due to the Raiders inquiring about Schaub’s physical.

Schaub spent the last seven seasons in Houston and was a big part of the Texans first-ever playoff seasons in 2011 and 2012. But his struggles in 2013 led to his benching in midseason. He will leave Houston with a 46-42 career record as a starter here.

Fitzpatrick signed a two-year, $7.5 million contract with the Texans this week. The 31-year-old journeyman spent last season in Tennessee where he started nine games for the Titans after Jake Locker was injured.

Fitzpatrick’s signing is not expected to affect the Texans plans to draft a quarterback in this year’s draft. He could open the season as the team’s starting quarterback. But he is also expected to step aside as soon as the rookie is ready to take over the starting role.

The Raiders will reportedly take on his entire contract. That does not include the salary cap space from Schaub’s contract. The Texans will still owe Schaub $10.5 million on their salary cap to Schaub, but it will all take place this year. The Texans will save $3.625 million with the deal.

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