Let's go Miami!!!!
Based on available info, I believe we will have at least $50M in cap space available next year. The team could add to the pro-rated signing bonus or guarantee salary money in the second and third year, using the projected cap increases, to free up space for next year as well.
IMO, we can sign our own, and a couple of quality FA's, IF the team wants to, without creating future cap problems.
The projected cap increase will not take effect until 2014, which is why I mentioned guaranteed salaries in the second and third years. There are ongoing differences between the NFLPA and NFL as to what will actually happen. The middle ground, among many, is an annual increase of $5-7M on the cap starting in 2014.
The Dolphins' adjusted salary cap this year is $131.0 million and that comes straight from the NFL. As of September 7th, again per the NFL themselves, the Dolphins were $4.0 million underneath that salary cap. That gives them the ability to roll whatever is left of that $4 million after the signing of Jabbar Gaffney (probably all of it, doubt they paid him more than Naanee) forward to next year.
So let's pretend the 2013 cap doesn't grow, just like the 2012 cap didn't grow. Let's set it at $120.6 million. The Dolphins get a $4.0 million rollover credit and it's now $124.6 million. They have $81.8 million in cap figures under contract. That means they have $42.8 million available. If the salary cap does grow in 2013 I can just about guarantee (based on the economics) that it'll be a maximum of about 2 percent. So let's add $2.4 million to that. These wide estimates ($40 million to $65 million) really are unnecessary because the actual highway is about as wide as $42 million to $45 million, barring any further signings. Performance bonuses will change that a little, but not much.
Based on that, and the fact that the rookies will cost $6 million, I really don't believe the Dolphins have the room to do much more than re-sign their own guys. Even discounting their 1st years will only just barely keep you under the cap when you consider the $6 million for rookies.
If the Dolphins are going to do anything in free agency it will be at the expense of a player or players currently under contract (Dansby?) or at the expense of a pending free agent that they choose not to keep (Fasano?).
Here's one of the sites I looked at for info. I have no idea where anyone got the $81M in commitments but, they do list that same number. I do not see any of our FA's to be listed, other than Jake Long, who makes a $12M difference.
I'm not saying this is fact, as I cross referenced with other sites but, it is something for now.
I'm wondering if Cog, who would save us $4.3M, and Carp, who would save us $2.7M, will still be here next season. Lot of football still to be played but, both have struggled so far.