xwalker
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If the Cowboys restructure the following, they would be 21.5M under the cap:
Carr
Witten
Free
Ware
Orton
If Ware and Orton were cut the 21.5M would be reduced to about 19M.
They can gain 5.5M by making Austin a June 1st cut.
The total would be 27M under the cap.
Considering the rule of 51 and a 5% increase from the contracts for 2013 draft pick, it will require about 2M of cap space to sign all draft picks. This is usually done after June 1st.
Obviously, they wouldn't spend it all on free agents because they have to consider the future cap ramifications and the need to re-sign their own players like Dez and Tyron.
Considering that the 1st year cap hit of Carr's 50M contract was 3.2M, the Cowboys could do anything they want to do in free agency and fit it under the 2014 cap.
Carr
Witten
Free
Ware
Orton
If Ware and Orton were cut the 21.5M would be reduced to about 19M.
They can gain 5.5M by making Austin a June 1st cut.
The total would be 27M under the cap.
Considering the rule of 51 and a 5% increase from the contracts for 2013 draft pick, it will require about 2M of cap space to sign all draft picks. This is usually done after June 1st.
Obviously, they wouldn't spend it all on free agents because they have to consider the future cap ramifications and the need to re-sign their own players like Dez and Tyron.
Considering that the 1st year cap hit of Carr's 50M contract was 3.2M, the Cowboys could do anything they want to do in free agency and fit it under the 2014 cap.