The Atlanta Falcons have been extremely active in the early days of free agency, essentially overhauling their offense in as short a timeframe as possible. That has been great news for the roster and fans who regarded last year’s offensive putridity as...well, offensive. It has been less great news for the team’s cap space.
If you ask OvertheCap, the Falcons have just a shade over $4 million in cap space at the moment. With the top 51 rule in place, Spotrac has them at about $4.8 million. Neither total is anywhere near the amount the Falcons would need to get, say, a high-end pass rusher, and even mid-tier signings will wipe that money out very quickly.