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McGahee traded to Ravens, signs long-term deal

Updated: March 8, 2007, 10:08 PM ET
By Michael Smith | ESPN.com

The Ravens and Bills agreed to a trade Thursday that will send running back Willis McGahee to Baltimore in exchange for the team's third and seventh-round picks in this year's draft, along with the Ravens' third-round pick in 2008.

Hours after the trade was announced Thursday afternoon, ESPN.com learned McGahee will sign a new seven-year contract with Baltimore, the last two seasons of which are options years, that can be worth a total of $40.12 million. In terms of so-called "new ...

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