Based on the contracts signed by the players selected in the same slots in 2012, the Falcons do not have enough money under the salary cap to sign all of their recent eight draft picks.
They are $2.18 million under the salary cap, according to NFLPA documents.
The players selected in the same draft slots in 2012 had cap numbers that add up to $3.5 million. Ironically, that’s the amount of relief that the team will receive after June 1 from their release of Tyson Clabo.
Clabo, who was waived on April 4, was set to make a base salary of $4.5 million. He signed a one-year, $3.5 million deal with Miami. He received a $1 million signing bonus and had $500,000 of his $2.5 million base salary guaranteed.
The Falcons can get additional relief – and maybe pursue another defender like defensive lineman Richard Seymour – when they reach a contract extension with quarterback Matt Ryan. Presently, Ryan’s salary cap number is at $12 million. A new deal could lower his cap number into the $6 million-to-$7 million range.