The Raiders and the league announced that Oakland used the 18th selection of the round for Pryor. Oakland forfeits its third-round selection in the 2012 draft.
Pryor's agent, Drew Rosenhaus, said his client was excited about going in the third round after waiting until last Thursday to find out he'd even be eligible for the supplemental draft and not working out for teams until Saturday.
"We're tickled and thrilled that Terrelle went in the third round and to the Raiders," Rosenhaus said. "The third round is quite an accomplishment for a young man who had his pro day 48 hours ago and didn't know he would be in the draft until Thursday morning and wasn't able to meet with any decision makers."
Pryor immediately headed to the Bay Area after being drafted and Rosenhaus said he hoped to finalize a contract as soon as possible to get Pryor on the practice field. Rosenhaus has already negotiated a third-round deal with the Raiders this summer with rookie cornerback DeMarcus Van Dyke.
"We're optimistic this will be a smooth negotiation," he said. "We enjoy working with the Raiders and he's very excited."
Based on the rookie scale used to sign picks from April's draft, Pryor would be expected to get a four-year deal at $2.36 million, including a $591,000 signing bonus.
A Raiders source told ESPN.com's John Clayton earlier Monday that the team is looking at Pryor more as receiver than a quarterback at the NFL level. However, another team source told ESPN's Adam Schefter that the Raiders are still interested in Pryor at quarterback.
Pryor will be able to practice immediately after signing and play in the remaining two exhibition games. But he will not be eligible to practice with or play for Oakland during the regular season until the team's sixth game.
When he was allowed to enter Monday's draft, he was handed a five-game suspension by commissioner Roger Goodell -- the same number of games he would have sat out had he returned to Ohio State. Pryor has said he will not appeal the suspension.
Pryor gave up his final season with the Buckeyes after an investigation into the team's memorabilia-for-cash scandal that cost coach Jim Tressel his job.
His selection by the Raiders hardly is surprising. Oakland often makes bold moves in the draft because owner Al Davis covets size and speed. Pryor ran a 4.36 in the 40 during his workout for 17 NFL teams Saturday. At 6-foot-5 and 232 pounds, he is similar in height to JaMarcus Russell, the LSU quarterback chosen No. 1 overall by the Raiders in the 2007 draft.
But Pryor is much more mobile. As a junior, Pryor had his best season statistically, throwing for 2,772 yards and 27 touchdowns with 11 interceptions. He also ran for 754 yards and four scores while helping the Buckeyes win the Sugar Bowl.
"We all know how Al Davis likes big players who can run and Terrelle brings a dimension of size and speed that's unique to the quarterback position," Rosenhaus said. "The Raiders are a good fit for him because they have had an unsettled quarterback situation for a number of years and have worked in a number of different players. Any young quarterback would like the opportunity to go there and compete and be the guy."
Oakland's starting quarterback is Jason Campbell, now in his second season with the Raiders after being acquired from Washington, where he spent five seasons. Campbell is in the last year of his contract, as are backups Kyle Boller and Trent Edwards.
The Raiders considered drafting a quarterback to groom for the future in April but did not find the right fit. Now they have Pryor to fill that role.
Oakland is now without picks in the second, third and fourth rounds next year. The Raiders traded the 2012 second-round pick along with a 2011 seventh-round selection for third- and fourth-round picks this past draft to take offensive lineman Joe Barksdale and running back Taiwan Jones. They sent their fourth-round pick a year ago to the Redskins for Campbell.
Oakland could recoup some picks as compensation for losing Nnamdi Asomugha, Zach Miller and Robert Gallery as free agents.
No other players were chosen in Monday's draft.
Also eligible for the draft were former Georgia running back Caleb King, former Northern Illinois safety Tracy Wilson, former Western Carolina cornerback Torez Jones, former Lindenwood University defensive end Keenan Mace, and former North Carolina defensive end Mike McAdoo. They are now free to sign with any NFL team.
Information from ESPN.com senior NFL writer John Clayton, ESPN NFL Insider Adam Schefter and The Associated Press was used in this report.
Pryor's agent, Drew Rosenhaus, said his client was excited about going in the third round after waiting until last Thursday to find out he'd even be eligible for the supplemental draft and not working out for teams until Saturday.
"We're tickled and thrilled that Terrelle went in the third round and to the Raiders," Rosenhaus said. "The third round is quite an accomplishment for a young man who had his pro day 48 hours ago and didn't know he would be in the draft until Thursday morning and wasn't able to meet with any decision makers."
Pryor immediately headed to the Bay Area after being drafted and Rosenhaus said he hoped to finalize a contract as soon as possible to get Pryor on the practice field. Rosenhaus has already negotiated a third-round deal with the Raiders this summer with rookie cornerback DeMarcus Van Dyke.
"We're optimistic this will be a smooth negotiation," he said. "We enjoy working with the Raiders and he's very excited."
Based on the rookie scale used to sign picks from April's draft, Pryor would be expected to get a four-year deal at $2.36 million, including a $591,000 signing bonus.
A Raiders source told ESPN.com's John Clayton earlier Monday that the team is looking at Pryor more as receiver than a quarterback at the NFL level. However, another team source told ESPN's Adam Schefter that the Raiders are still interested in Pryor at quarterback.
Pryor will be able to practice immediately after signing and play in the remaining two exhibition games. But he will not be eligible to practice with or play for Oakland during the regular season until the team's sixth game.
When he was allowed to enter Monday's draft, he was handed a five-game suspension by commissioner Roger Goodell -- the same number of games he would have sat out had he returned to Ohio State. Pryor has said he will not appeal the suspension.
Pryor gave up his final season with the Buckeyes after an investigation into the team's memorabilia-for-cash scandal that cost coach Jim Tressel his job.
His selection by the Raiders hardly is surprising. Oakland often makes bold moves in the draft because owner Al Davis covets size and speed. Pryor ran a 4.36 in the 40 during his workout for 17 NFL teams Saturday. At 6-foot-5 and 232 pounds, he is similar in height to JaMarcus Russell, the LSU quarterback chosen No. 1 overall by the Raiders in the 2007 draft.
But Pryor is much more mobile. As a junior, Pryor had his best season statistically, throwing for 2,772 yards and 27 touchdowns with 11 interceptions. He also ran for 754 yards and four scores while helping the Buckeyes win the Sugar Bowl.
"We all know how Al Davis likes big players who can run and Terrelle brings a dimension of size and speed that's unique to the quarterback position," Rosenhaus said. "The Raiders are a good fit for him because they have had an unsettled quarterback situation for a number of years and have worked in a number of different players. Any young quarterback would like the opportunity to go there and compete and be the guy."
Oakland's starting quarterback is Jason Campbell, now in his second season with the Raiders after being acquired from Washington, where he spent five seasons. Campbell is in the last year of his contract, as are backups Kyle Boller and Trent Edwards.
The Raiders considered drafting a quarterback to groom for the future in April but did not find the right fit. Now they have Pryor to fill that role.
Oakland is now without picks in the second, third and fourth rounds next year. The Raiders traded the 2012 second-round pick along with a 2011 seventh-round selection for third- and fourth-round picks this past draft to take offensive lineman Joe Barksdale and running back Taiwan Jones. They sent their fourth-round pick a year ago to the Redskins for Campbell.
Oakland could recoup some picks as compensation for losing Nnamdi Asomugha, Zach Miller and Robert Gallery as free agents.
No other players were chosen in Monday's draft.
Also eligible for the draft were former Georgia running back Caleb King, former Northern Illinois safety Tracy Wilson, former Western Carolina cornerback Torez Jones, former Lindenwood University defensive end Keenan Mace, and former North Carolina defensive end Mike McAdoo. They are now free to sign with any NFL team.
Information from ESPN.com senior NFL writer John Clayton, ESPN NFL Insider Adam Schefter and The Associated Press was used in this report.
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