The Atlanta Falcons are officially moving on to the 2017-2018 football season, leaving all of the success and pain of last season behind them. A big part of that is making acquisitions to get better and improve the team, whether in the draft or in free agency.
The salary cap for the 2017 season has jumped and been finalized at $167 million for NFL teams. Compared to last year’s cap number, teams have about $12 million more than they did in 2016.
Since the cap number is finalized, let’s take a quick look at the amount of money the Falcons have to spend.
According to Spotrac, the Falcons have about $140 million tied up at the moment, with just under $3 million of that considered to be “dead money.” Most of that dead cap space is going to Paul Soliai, with the final $200,000 or so going to some lower level players—including Mike Person.
With the $137 million in occupied cap space, the Atlanta Falcons have just under $28 million in free cap space to use this offseason— $27,796,300, to be exact.
That space ranks 21st in the league, leaving the Falcons in good-but-not-great shape for this offseason when it comes to cap space. Luckily, the Falcons don’t have to do any major roster flipping or anything resembling that, so they have plenty money to make some improvements to the roster.