Every NFL team will have surplus money to use next season if they desire. But some will need that money just to help clear room under the cap to function next season.
The Pittsburgh Steelers, for instance, will only carry over $506,570 but are projected to be about $25 million over the cap.
The Jets will carry over $8.4 million but are projected to be more than $4 million over the cap. Add the $5 million needed to sign rookies and it appears the Jets will need to cut payroll.
The cap for 2012 has not been set, but it is projected to be between $121-125 million, with teams being able to borrow another $2 million from future caps.
The Patriots are projected to be more than $20 million under the cap next season and could carry over $6.7 million.
Among teams who could bid for Manning or Flynn, the Washington Redskins have $13.6 million in carryover cash and could be $30 million or so under the cap.
Seattle has a $112 million cap number and has a $21.2 million surplus from the past year, so expect the Seahawks to join the Redskins as big spenders this offseason.
Arizona ($7 million) and Cleveland ($9 million) also have carryover cash and some cap space as well.
Jacksonville can carry over $31.7 million and will be about $17 million under the cap; Tampa Bay has more than $25 million and will be more than $20 million under.
Among teams that have the projected cap space to make big moves in free agency: Cincinnati Bengals ($80.6 million), Tennessee Titans ($92.7 million) and Kansas City ($95.8 million).
Teams that will need to tighten their belts considerably next season include: Detroit Lions ($122.8 million), Carolina Panthers ($122.7 million), Oakland Raiders ($140.8 million) and New York Giants ($124.7 million).
Counting the 51 players currently under contract and the dead cap money, I have the Redskins $29,975,437 under the cap. I have $11.9M in carry over space available to show $41,875,437 under the Cap. The Redskins also have another $1.5M in Veterans Allowances in 2012. This report will add another $1.7M. In all the Redskins could be as much as $45M+ under the cap