"Move over Ryan Leaf, you're no longer the biggest bust in NFL draft history.

JaMarcus Russell, the No. 1 overall pick in the 2007 draft, was released by the Raiders Thursday, leaving with only seven wins as a starter and over $39M.

Senior executive John Herrera told The Associated Press the move was made Thursday - two weeks after the Raiders traded for Washington's Jason Campbell -Â and that "we wish him well."

In 2007, Russell led LSU to a 12-2 record and a win over Notre Dame in the Sugar Bowl, where he was the MVP."