That's one way to look at it. Another way is:
There are 21 teams with more cap space overall
We have the 6th most money on per player basis (Committed/Players signed)
We only have 10 starters signed out of 22:
Offense:
CJ
Staff
Tate
Warford
Bell
Ebron
Swanson
Defense:
Quinn
Ansah
Slay
The final 3 on offense could be considered questions marks as Starters, did not include Van Noy as a starter on defense. So possibly only 7-8 starters signed.
Yea we aren't screwed, but we aren't sitting pretty.
Two drafts. That's a couple more starters cheap. 30 million in space you can do what you want.
That committed amount for 2016, includes Tulloch and Waddle/Lucas. Two more starters. Van Noy could replace Whithead (who becomes a free agent). So 3 starters. Up to 13.
So 13 starters, let's say 4 from the two drafts to be conservative. 17 out of 22. 30 million in space.
Plus Levy and Ngata could easily be extended this offseason and give us more space this offseason actually (especially Ngata). And we can give Reiff 5th year option.
So that's 20 of 22 starters with probably around 20 million in cap space left. With Suh gone, there is no cap worries even with Stafford and Calvin. I bet Stafford gets a new long term deal prior to 2016 anyway.
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