The Oakland Raiders are reportedly on the verge of acquiring a new starting quarterback.

CBSSports.com reported Friday night that the Raiders are near completing a trade that would bring former Green Bay Packers passer Matt Flynn south from the Seattle Seahawks. Flynn, 28, signed a lucrative free agent deal to join the Seahawks a year ago.

NFL.com reports that the Seahawks would get a 2013 draft pick and a conditional 2014 selection if the Flynn trade is made. Flynn would also need to restructure his current contract with the Raiders.

While the Raiders refused comment on the report, the deal will allegedly be completed quite soon. It would almost certainly mean that Carson Palmer's time with the Raiders has come to an end. He would reportedly either be released or traded.

The Raiders were reported to have asked Palmer to take a $3 million cut in his 2013 salary, but had the quarterback refuse to do so.

Flynn, 6-foot-2, 225 pounds, is set to make a $5.25 million base salary next season. Trading or releasing Palmer would force the Raiders to absorb a $9.34 million salary cap hit. They could push all but $2.35 million of that total into 2014 if they cut Palmer after June 1.

Palmer wouldn't be easy to trade since his contract calls for him to earn $13 million this season. He could agree to restructure his contract before a trade is completed, by that seems unlikely.

Flynn only played in three games for Seattle, losing the starting job to rookie Russell Wilson. He completed 5 of 9 passes for 68 yards without a touchdown.

Flynn has two seasons left on a three-year contract that will pay him $19.5 million. Of that, $10 million was guaranteed money.

Flynn played collegiately at LSU and was drafted in the seventh round of the 2008 draft by the Packers. He passed for 480 yards and six touchdowns in one game in 2012. He threw for 251 yards and three TDs in his only other start in 2010.