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How can the Falcons free up cap space in 2021: Restructures

The Falcons have been busy this week, as they’ve reportedly decided on Saints executive Terry Fontenot at GM and hired Titans OC Arthur Smith at HC. Whoever winds up taking over, they’ll have to deal with a particularly tight salary cap situation. Atlanta has a very top-heavy roster and would be in dire straits if the NFL were to drop the cap down to the lowest possible limit at $175M. Even if the league keeps the cap steady for 2021—which I think is the mostly likely outcome—Atlanta could enter the offseason already negative or close to $0 in space with a lot of holes to fill on the roster.