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Steve Wyche / Atlanta Journal-Constitution
Falcons owner Arthur Blank said the team projects to have at least $23 million to spend in free agency this offseason. Maybe more. With the salary-cap expected to increase from $109 to $116-$117, Atlanta will gain $7 to $8 million. Some players could be asked to take pay cuts or they could be released.
AJC Falcons beat writer Steve Wyche breaks down where some of the $23 million could come from:
Suspended and imprisoned quarterback Michael Vick's $7.5 million salary will not count against the salary cap this season. Since he is suspended he will not earn the 7.5 million in base salary he was owed. That cancels the 7.5 million that would have counted against the Falcons' salary cap. Atlanta will be able to add the amount as room under the cap. Vick remains on the roster (suspended list) so the team can recoup $3.75 million in bonus money a court ruling stated it is entitled to. Full Story – Journal-Constitutionhttp://www.ajc.com/falcons/content/sports/falcons/stories/2008/02/07/falcons_0208.html