No, they cannot spend anything they want. That's a pure fallacy that has been spread by people on this board. It is quite simply not true.
Actually any team can sign anyone if they have the cash to spread it out
Teams only lose players because of the cap if they want to
Any player on this team could be kept
Whether it’s worth it or not is different
We could keep Zeke, Dlaw, cooper and sign Schultz, Kearse and Gallup if we wanted to just by restructure everyone available
It’s not smart but it can be done
The saints are 70 mil over the cap
They can clear 100 million tomorrow if they decided they wanted to
What can be done and what’s the right thing to do is not the same thing