Assessing the Cap

[bk42]

Am I thinking about this correctly - seeing cap space of roughly 25.3M after Johnson's release and that does not reflect recent signings (Collins, Apple, Morgan and Irwin). As they have more then 51 players under contract, the signings of Collins, Apple, Morgan and Irwin would only impact the current cap number by the amount that their salary exceeds somebody who falls out of the top 51 salaries. So it could look like with numbers as placeholders until actuals are known:

Cap room: 25.3
Less Apple (Roughly 3.3M differential which is 4M - 700K)
Less Collins (9.3M)
Less Morgan (200K)
Less Irwin (200K)

And understood that cap space is needed for draft picks and also a balance that they will carryover to 2023. Thanks!