The Oakland Raiders have traded quarterback Carson Palmer and a seventh-round pick in the 2013 NFL Draft to the Arizona Cardinals for a 2013 sixth-round pick and a 2014 conditional seventh-round pick.
If Palmer starts more than 13 games in 2013, the Raiders would receive the draft pick.
"We'd like to thank Carson Palmer for his services over the past two seasons," Raiders GM Reggie McKenzie said in a statement, "and we wish him well with the Cardinals."
Palmer, 33, who is due more than $13 million this season, wasn't willing to negotiate a pay cut with the Raiders, which enabled a domino of transactions.
On Monday, the Raiders acquired Matt Flynn from the Seattle Seahawks for two draft picks -- a fifth-round pick in the 2014 draft and a conditional pick in 2015.
Then, the Cardinals released John Skelton on Monday, which was likely to make room for Palmer.
After Palmer reportedly dined with Cardinals team personnel on Monday night, the franchise decided to make the move.