The Tampa Bay Buccaneers have $113.9 million committed to the 2014 salary cap as of right now, according to Pat Yasinskas of ESPN. The league-wide salary cap is widely expected to be somewhere between $127 and $130 million, and the Buccaneers can carry over some $6 million in cap space from this season, which would give them a total of between $19 million and $22 million in salary cap space -- plenty to do some serious damage in free agency.
Moreover, the Bucs are likely to free up more space over the next few months. Davin Joseph is a prime candidate to be cut for salary cap reasons after last year's awful season. At minimum he'll be forced to take a significant pay cut. Joseph is scheduled to earn $6 million this season, none of it guaranteed. Similarly, Donald Penn might be asked to take a pay cut, although that would be a significantly harder spell.
Regardless, the Bucs can basically spend as much as they want in free agency this year. Again. If there's one thing Mark Dominik did right, it's manage the cap.
Of course, that doesn't mean the Bus will actually spend big in free agency. They're more likely to look for the right value under general manager Jason Licht. That means veterans, role players and otherwise discounted contributors should be high on their wishlist. The Bucs are now becoming the Rays, I guess.
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