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NFL free agency 2016: Donald Penn will return to Oakland Raiders

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Penn likely returning to Oakland means Russell Okung is the best remaining offensive tackle on the free agent market. Can the Giants get him? We'll find out. Let's also assess other available options.

Donald Penn
Donald Penn
Kelley L Cox-USA TODAY Sports

[UPDATE 11:46 a.m. ET]

Figures for the contract Donald Penn will sign to stay with the Oakland Raiders are now known.

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Offensive tackle Donald Penn won't be visiting the New York Giants after all. Penn has agreed to return to the Oakland Raiders. Ian Rapoport of NFL Network was first to report the news.

Reports had indicated that the Giants were hoping to visit with Penn as they search for upgrades on their offensive line after cutting ties with Geoff Schwartz, who is reportedly visiting the Arizona Cardinals, and Will Beatty. The Giants had Russell Okung in for a visit last week. Okung has taken other visits since and has yet to make a decision, though a return to the Seattle Seahawks is possible. Another veteran right tackle, Andre Smith, has reportedly narrowed his choices to the Cardinals and Minnesota Vikings. There has been no indication the Giants were ever in play for Smith.

Pro Football Talk reported on Tuesday that the Giants, Pittsburgh Steelers and Detroit Lions had made offers to Okung, but that the Steelers are now out of the running. PFT reported that Okung believes he should get a deal worth between $11 and $13 million per year.

If Okung chooses someone other than New York, where would that leave the Giants? Short of making a run at Ryan Schraeder, a restricted free agent with a second-round tender from the Atlanta Falcons, there aren't many appealing options left on the market.

Byron Bell, who spent four seasons with the Carolina Panthers and last season with the Tennessee Titans, is available. Bell, 27, has 72 career starts in 78 games.

Nate Chandler, 26, spent last season on IR with the Panthers due to a knee injury. Chandler has experience at both right guard and right tackle, and started 19 games for Carolina during the course of the 2013 and 2014 seasons.

Jake Long is also a free agent again. After all of the gnashing of teeth in the fan base about why the Giants did not sign the oft-injured former Pro Bowler a year ago he signed with the Atlanta Falcons Long played only 10 offensive snaps over four games last season.