Do the Arizona Cardinals still have cap space to spend?
The first wave of free agency littered with overpays is over, the Arizona Cardinals got out well from this period but do they have any more money to spend?
After signing impact players in Jordan Hicks, Terrell Suggs, Robert Alford, Charles Clay, Brooks Reed, and J.R. Sweezy, and trading for Marcus Gilbert, Steve Keim has certainly been active in bolstering the roster. And they should also do the same during the draft, but where do they stand in term of active cap space to work with?
Going into the legal tampering period, the Cardinals had about $40 million to work with, but with the recent release of Jermaine Gresham, that number goes up to $42.5 million, per Over The Cap. Factor in that the Cardinals will have a projected draft pool cap of $13 million, and that number goes back down to $29.5 million in workable cap space.
But, after the Marcus Gilbert trade, that number goes to $24.6 million due to a $4.9 million cap hit. Now, it’s time to factor in the signings of Hicks, Suggs, Hundley, and Sweezy (unknown number). Remember, the Alford, Clay, and Reed signings were all factored into the $24.6 million.
- Jordan Hicks: 2019 cap hit of $5.75 million
- Terrell Suggs: 2019 cap hit of $7 million
- Brett Hundley: 2019 cap hit of $1.875 million
- J.R. Sweezy: 2019 cap hit unknown
With those signings being factored in (upset for Sweezy who is estimated to be paid around $4 million per year) the Arizona Cardinals have $9.975 million remaining in useable cap space.
Of course, these are all estimates and the official numbers won’t be known until they are announced, but it does look like that the team might be done making splash signings unless they can cut some players.