Raiders acquire quarterback Matt Schaub from Texans

The Houston Texans will get a late-round draft pick for former starting quarterback Matt Schaub.

Houston had been seeking trades for Schaub who is owed $11 million for the 2014 season, they found one in Oakland.

Schaub, 32, was a candidate to be released by the Texans. The trade will save the team $4 million against the salary cap. Had he been released there was a decent chance he could have ended up in Cleveland with former Texans offensive coordinator Kyle Shanahan.

Instead Raiders general manager Reggie McKenzie made sure he got his man by giving up a late pick.

The move gives the Oakland Raiders a veteran starter and will allow them to have additional options with the No. 5 overall pick. There are three premium quarterbacks in the draft in Blake Bortles, Teddy Bridgewater and Johnny Manziel but there is no guarantee that the player (or any for that matter) would still be on the board for the Raiders. Oakland is looking to give a complete overhaul to it’s offense.

In 10 games for the Texans last season Schaub completed 61.2-percent of his passes for 2310 yards, 10 touchdowns and 14 interceptions.