hello, newbie here

need some help if possible, i have a 2007 suzuki vinson 500 manual shift. the bike has been setting all winter, and today i decided to fire it up.

it cranked and cranked but would not start, i took the air cleaner lid off and the filter box was full of raw gas, so i drained it all out and let it set.

went back and tried, wow it started rite up, but would not idle, so i ran it around my yard a bit at a high engine speed thinking that the carbs may be gummed up a bit from the gas setting all winter.

the bike started blowing oil smoke out the muffler and stopped on its own. i tried starting again and would not start, i took the air filter lid off thinking it was full of gas again, but it was not gas it was completely full of engine oil.
i got all of that out and took the spark plug out, it was covered in oil too, so with the plug out i cycled the motor to see if any oil come out of the hole, none come out.
i cleaned the plug and put it back in, hit the starter and the bike tried to run until the plug got covered in oil again, and more oil come out from the carb into the air box.

has my machine blown up ? any suggestions on where i need to look or what parts may have failed ???

thanks in advance