The pick headed to Oakland originally belonged to the Seattle Seahawks. Houston acquired it in the Jadeveon Clowney trade.
"It was a tough decision, obviously," Raiders head coach Jon Gruden said. "We certainly wish Gareon the best. Good, young player. We do have some young corners that we drafted. ... We want to look at some younger players and wish Gareon the best, thank him for his contribution."
Conley was drafted 24th overall by the Raiders in 2017. He started 20 of 23 career games, including all six this year. He was viable in coverage throughout his sophomore campaign, but surrendered 18 catches and four touchdowns over 26 targets this season, according to Pro Football Focus.
The Texans have been as aggressive on the trade market as any team in the NFL since the summer, swinging deals for Laremy Tunsil, Duke Johnson, and Conley, among others. They are now slated to have just four selections in the 2020 draft.
Texans' 2020 draft picks
As for the Raiders, they were reportedly gearing up to be buyers at the trade deadline. It's unclear if dumping Conley for a pick is part of a greater scheme. At 3-3, the Raiders trail the Texans for the second wild-card spot in the AFC playoff race.