The Eagles made a roster move on Wednesday, releasing cornerback Leodis McKelvin.
The decision to release McKelvin saves the team $3.2 million in cap space, and leaves just $250,000 in dead money.
Here is an updated look at the Eagles’ cap space following the release of McKelvin.
Projected Cap: Somewhere between $170 to $166 million. For this article, we will use $168 million.
Roll Over: According to the NFLPA, the Eagles are set to roll over $7.9 million in cap space from the 2016 season to the 2017 offseason.
Dead Money: The Eagles have $7 million in dead money on their books — $5.5 million from Sam Bradford, $904,000 from Eric Rowe and now $250,000 from McKelvin, among other players.
Eagles 7-round mock draft
Contracts: The Eagles currently have $155 million in committed contracts for the 2017 season. They can release players to lower that number, but as of now, they enter the offseason with $158 million committed to next season.
Cap Space: Using $168 million as the NFL cap, the Eagles have around $15.2 million in cap space ($168 million cap – $155 million in contracts – $6.8 million in dead money + $7.9 million in carry over)
Rookies: The Eagles will have to budget around $5 million for their 2017 rookie class, which comes out of the $15.2 million cap space. That brings the Eagles down to around $10 million.
Free Agents: The following players are set to become free agents: LB Stephen Tulloch, CB Nolan Carroll, OL Stefen Wisniewski, DE Bryan Braman, DL Bennie Logan, LB Najee Goode, S Jaylen Watkins, RB Kenjon Barner, TE Trey Burton
Biggest Cap Hits: The top five cap hits for next season are OT Jason Peters ($11.2 million), OT Lane Johnson ($10 million), DE Fletcher Cox ($9.4 million), DE Vinny Curry ($9 million) and DE Connor Barwin ($8.3 million)
Carson Wentz at Super Bowl
Possible Cap Casualties:
Jason Peters: Cutting Peters would save $9.2 million, leave $2 million in dead cap
Connor Barwin: Cutting Barwin would save $7.75 million, leave $600,000 in dead cap
Ryan Mathews: Cutting Mathews would save $4 million, leave $1 million in dead cap
Darren Sproles: Cutting Sproles would save $4 million, leave $0 in dead cap
THE NO-HUDDLE SHOW: Are we still all-in on Carson Wentz? Subscribe to the podcast on iTunes, Stitcher, Google Play, Soundcloud or iHeartRadio.
Eliot Shorr-Parks may be reached at eshorrpa@njadvancemedia.com. Follow him on Twitter @EliotShorrParks. Find NJ.com Eagles on Facebook.
Our editors found this article on this site using Google and regenerated it for our readers.
