Cleveland receives a first-round pick in next year's draft for Richardson, who has struggled with injuries since a standout career at Alabama. He was the No. 3 overall pick in 2012.
“Trent's a great player and we expect him to have success in this league,” Browns CEO Joe Banner says.
McGahee is a two-time Pro Bowler (2007, 2011) with four 1,000-yard rushing seasons.
More InformationTrent Richardson during Sunday's Browns' loss to Miami. Richardson was traded Wednesday by Cleveland to Indianapolis for the Colts' top draft pick next season.
(Photo by The Associated Press).