Jay Glazer on Twitter says the following:
The Raiders & Bengals are close to a trade that would send Carson Palmer to OAK for a first-rounder in 2012 and a conditional pick in future
The Bengals would be crazy to turn down a first round pick for Carson at this point. A first round pick for Palmer is more than the Bengals should have expected to get from any team for Carson, knowing that he is never going to play for the Bengals again.
We will keep you posted.
Glazer follows with this:
The trade is expected to be completed by deadline. Hue Jackson has a close relationship w Mike Brown and really worked to get Brown to budge
Chris Mortensen is also reporting the deal:
As the Raiders give up a 1st rounder in 2012 for Carson Palmer & conditional 1st rder in 2013, Bengals also had discussed LB Aaron Curry
The Raiders’ fallback if they couldn’t have landed Palmer? Vince Young.
The 2013 pick is a conditional – it can become a first rounder based on playtime, other incentives. Plus the 2012 first rounder