Raiders finding new ways to strike out in free agency

The Oakland Raiders have more money to spend on free agents than just about any other team in the NFL, with roughly $70 million in cap space and a mandate under the 2011 CBA to spend some of that money to get their average player expenditures up to the spending floor set forth in the agreement. So naturally, they would go cheap in trying to make a contract offer to free agent defensive tackle Terrance Knighton.

Knighton will not be listening to any more offers from Oakland. The former Bronco explained the situation to ESPN's Josina Anderson.

"The Raiders made me an offer but it's not close to what I was looking for. So as of right now the Raiders and Broncos are out of the race. A lot of people had me going to the Raiders because of Jack Del Rio, but I'm now focusing on a few other teams right now."

Del Rio, now the head coach in Oakland, was Knighton's defensive coordinator in Denver, and he fills a huge need for the team -- or would have. Also worth noting here is that the Raiders were reportedly interested in bringing in Ndamukong Suh, who ended up in Miami with $60 million in guaranteed money.

GM Reggie McKenzie couldn't sign veteran free agents to outsized contracts fast enough last season. Now, it's some kind of overcorrection.

Leave it to the Raiders to find new ways to strike out in free agency.