The Bears sent a conditional seventh-round pick in 2021 to the Raiders in the deal announced Tuesday. Oakland gets the pick if Pineiro is on Chicago's active roster for at least five regular-season games this upcoming season.
Pineiro set a school record for accuracy in two seasons kicking at Florida by making 38 of 43 field goals. Signed by the Raiders as an undrafted free agent last May, he was placed on injured reserve because of a groin injury prior to the season.
Parkey was let go after one rough year in Chicago that ended with a double-doink miss in the closing seconds of a playoff loss to Philadelphia at Soldier Field. The Bears have three kickers on the roster. They have not appeared in a regular-season game -- Pineiro, Chris Blewitt and Elliott Fry.