The Raiders announced late Thursday night the team had signed its first-round draft pick, running back Darren McFadden.
The team will hold a press conference Friday morning at 11 a.m.
Terms of the deal were not disclosed. SI.com reported it would be a six-year deal worth approximately $60 million with more than $26 million guaranteed.
McFadden was the fourth overall selection in April's NFL Draft. The Raiders didn't sign last year's first overall pick, quarterback JaMarcus Russell, until Sept. 12, 2007.
McFadden can probably thank Atlanta, which gave third overall pick Matt Ryan a deal reportedly worth up to $72 million over six years with $34.75 million guaranteed.
Last year's fourth overall pick, DE Gaines Adams, received about $18 million guaranteed.
The deal means there will be no training camp drama surrounding if/when McFadden will arrive. Russell will have all his offensive weapons ready from Day 1, which is important for his progress.
Talks began Wednesday with the Raiders and agent Ian Greengross.
--Jason Jones
@Nyx.CommentBody@