I'm not sure if anyone has done the math yet, but all 32 teams combined currently have $560 million in cap space..... to sign roughly 500+ players who are about to be on the market. It doesn't look as if most players will be getting good deals.
Keep this in mind though...Every team is going to sign about 8 to 15 undrafted free agents, if not more, to minimal salary deals.
I'd think only about 40% of the actual veteran free agents will be signed. Not all of the veteran free agents out there are, you know, good.
Each team will have 90 roster spots. A lot of the signings we're going to see during next week's free agency bonanza will be "camp body" type signings.