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D. Orlando Ledbetter

UPDATE: Falcons are $10.1 million under the salary cap

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After the recent $80.5 million free agency spending spree, the Falcons are $11.6 million under the $133 million salary cap, according to NFLPA documents.

UPDATED SUNDAY AT 8:40 AM: The NFLPA documents have been updated to include Joe Hawley’s contract. The Falcons have $10,194,447.00 million (top 51) under the cap for 2014, according to NFLPA documents.

NFLPA UPDATE

Current Contracts:58

TR Share:$353,718,750.00

Adjusted Cap: $135,743,934.00

Benefit Share: $33,250,000.00

Team Cap: $125,549,487.00

Salary Cap: $133,000,000.00

Cap Room: $10,194,447.00

Adjustments:

Previous Year Carryover:$3,129,200.00

Sportrac has the Falcons cap space at $9.639,256

ORIGINAL POST: The Falcons now have 57 players under contract, but counting the top 51, per league rules, they have used up $123.9 million of their adjustment cap of $135.7 million.

The only contract not in the NFLPA documents is Joe Hawley’s two-year, $6.5 million contract. His cap number is $2 million for 2014. So the cap space will be reduced by his number subtracted from the 51st lowest salary.

So for projection purposes, the Falcons are at about $9.6 Million under the cap.  

Here are the 2014 cap numbers of the recently signed players: offensive guard Jon Asamoah ( $2.8 million),  defensive tackle/end Jonathan Babineaux ($2.6 million), defensive end Tyson Jackson ($3.1 million), offensive tackle Mike Johnson ($675,000), defensive tackle Corey Peters ($1.468 million) and defensive tackle Paul Soliai ($5.4 million).

The Falcons, who have holes at free safety and tight end, could be set to turn their attention to the draft based on transactions in previous seasons.

It’s no secret that the Falcons have been heavily scouting the talented safety class for the upcoming draft, which will be held May 8-10. They could also pick up a tight end in the draft.

“We’ll continue to look in free agency as well as potentially in the draft to shore up our tight end position,” Falcons general manager Thomas Dimitroff said when asked about replacing future hall of famer Tony Gonzalez.

While they have enough room to add another veteran, they are likely saving the cap room for rookies and emergencies.

Last season, the Falcons carried about $7 million of salary cap space into the season and said that was for emergencies.

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