Goodson will be 26 years old when the season begins but has only 219 touches over his four-year NFL career.
Goodson will be part of a group that replaces Shonn Greene, who signed earlier this week with the Tennessee Titans.
Despite having just three career starts, Goodson was one of the top free-agent running back targets this offseason due to a weak class and his home-run ability.
The speedy Goodson saw his most extensive action in 2010 with the Carolina Panthers, when he split time with Jonathan Stewart and DeAngelo Williams. He played in all 16 games that season, accumulating 452 yards on 103 carries. Goodson added 310 receiving yards on 40 catches.
For his career, Goodson averages 4.0 yards per carry but is very dangerous catching balls out of the backfield. He has averaged 8.9 yards per reception on 59 catches over his career.
Goodson was traded by the Panthers to the Raiders last offseason for Bruce Campbell but had a very limited role in Oakland. Even with Darren McFadden missing four games, Goodson was only able to contribute 35 carries for 221 yards and did not score a rushing touchdown.
The upside of Goodson is his speed and big-play ability. The only two times Goodson has had more than 15 carries in a game, he has topped the 100-yard mark. He also has two career runs of more than 40 yards, as well as a 64-yard touchdown reception last season against the Miami Dolphins.
By comparison, Greene's longest career run, 36 yards, came last year.