Tagging Lawrence will eat up $17 million immediately, bringing us to $1 million in cap space.
The team will have to restructure contracts just to allow us to sign our draft picks and retain some of our own FAs. Being that our starting QB makes under a million per year, it's quite unfortunate that we won't be able to take advantage of his low paying rookie contract thanks to cap mismanagement by the FO.
But, we can do whatever we want in FA... except we actually can't. Which is why the team hasn't signed anyone in FA of note since Brandon Carr.