Our fearless leader Chris Gates recently posted an article about the NFL cap situation. Though the cap was initially expected by league officials to be around $126 million, Gates posted his article with the new expected cap number to be around $130 million, giving the Vikings approximately $27 million to play with this off-season (up from $23 for the $126 million projection). According to ProFootballRumors.com, whose source is BSPN's John Clayton, now says that internal sources have told him that the cap is now expected to be closer to $132 million.
Though this would only seem to be a slight increase from $130 million, just remember that our 1st/2nd/3rd string QB Jash Freiman was paid that to s$%t the bed in the Giants game and then to never play again. So the increase is nothing to sniff at, as worthwhile backups can be had for right around that $2 million. And according to Overthecap.com, assuming that ceterus paribus is applied, the Vikings have, with the new cap number, $30,751,239 to spend. Remembering that it will probably take a certain amount of money to sign rookies, and of course not counting possible restructures/cuts, with the cost of rookies (I'm going with exactly $5 million for signing rookies, this is likely a little low) the Vikings would have around $25,751,239 to play with.
The two players on the Vikings that I have heard most about getting cut and restructured contracts are Letroy Guion and Chad Greenway (Guion cut, Greenway restructured). If I remember correctly, Guion is an easy cut this off-season with no guaranteed money left on his contract, and I would be massively surprised if he remains in a Vikings uniform. Greenway on the other hand has a fair amount of guaranteed money on his contract for this upcoming season. Though the Vikings I am sure will ask him for a restructure if they really need to, I am not entirely sure it is necessary for two reasons. One, if they can't sign the players they want with the money they already have, they are either doing something really wrong or putting too much stock into free agents. Two, a restructure would mean that Greenway's contract would be extended in years, and unless he shows improvement over his embarrassing past season, I don't think it would be a good idea to have him around for too much longer, no matter how big of a fan favorite he is.
Of course, this also gives more room to the teams that really seem to deserve to be screwed by the cap because of all their monster contracts they have handed out to their stars, like the Cowboys, the Lions, and the Steelers.
Hopefully this can give the Vikings even more room to maneuver with this off-season and can win the NFL next year because of that extra money now at our disposal. SKOL VIKES!