Texans Acquire Schaub for Draft Picks

Former second-string Atlanta Falcons QB Matt Schaub will earn up to $48 million as starting quarterback for the Houston Texans the next six seasons. The Texans, meanwhile, are looking to shop David Carr, who had been the team's starter. In five years, Carr's QB rating was 75.5, and he threw 65 interceptions to just 59 touchdown passes.

In return for Schaub, the Falcons upgraded their 2007 and 2008 draft potential. They now have three picks in the first two rounds of the '07 draft and an additional '08 selection. The Falcons also made more room under the salary cap—which they'll presumably use to sign those new draft picks. (More Atlanta Falcons stories.)