Carson Palmer

Carson PalmerThe deal the Raiders were working on with the Cincinnati Bengals on Tuesday (October 18) to send quarterback Carson Palmer to Oakland is official.

During a press conference, Palmer revealed that he got a text message early Tuesday in which he was told to fly to Oakland to complete the trade, where he’ll replace the injured Jason Campbell and hopefully lead the team to the playoffs for the first time since 2002.

In exchange for the QB, the Raiders sent a 2012 first-round pick and a conditional second-rounder in 2013 that can become another first if … the team makes it to the AFC title game in either of the next two years.

Palmer’s contract was also renegotiated. The Raiders gave him a $2.5 million guaranteed deal for the rest of this season, $12.5 million with $5 million guaranteed in 2012, $13 million in 2013, and $15 million in 2014.

Palmer hopes to contribute right away.

“It’s been a whirlwind,” he said. “I understand what’s expected of me. I know what playing quarterback is about, and it’s about winning. I want to come in a contribute and do whatever I can to help this team.”

Raiders head coach, Hue Jackson, believes Palmer is the key to helping the storied franchise to a winning season, after recruiting and coaching him at Southern California and been an assistant in Cincinnati. Jackson says Palmer is the type of quarterback late Raiders owner Al Davis always wanted.

“This guy can play and he knows how to play the game and he knows how to elevate the players around him,” Jackson said. “There’s no question you go on offense as good as your quarterback is. I think he’s one of the best and that’s why he’s on this football team now. I didn’t bring him here because he was just a guy sitting out there. I brought him here because I think he can help this team win a championship.”

The Bengals didn’t want to trade him, but Palmer has wanted to be moved from a team that has had just two winning records in the past 20 years. The team’s owner, Mike Brown, has insisted he wouldn’t trade him, because he didn’t want to reward him for holding out.

But, things changed when the Raiders made their offer. Also, the play of rookie quarterback Andy Dalton also made it easier.

“We also find ourselves rather suddenly in position of being able to receive real value for Carson that can measurably improve our team, which is performing well and is showing real promise for this year and years to come,” he said in a statement.

So far, the Raiders are 4-2 this season. However, their starting QB, Jason Campbell, suffered a broken collarbone during a win over the Browns on Sunday (October 16), and were in desperate need of a replacement. Campbell is expected to miss at least six weeks.

Palmer had his best season in 2005, when he threw for 3,836 yards with 32 touchdown passes and a 101.1 rating, leading the Bengals to an AFC North title. However, he tore up his left knee during a playoff loss to Pittsburgh that season.

After returned, he had two solid seasons before another injury, in which he partial tore a ligament and tendon in his passing elbow during the 2008 season.

Over the past two years, Palmer completed 61.2 percent of his passes for 7,064 yards, 47 touchdowns, 33 interceptions and a passer rating of 82.9 while posting a 14-18 record.