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Wednesday, March 11, 2009
NFC South updates on the salary cap


Posted by ESPN.com's Pat Yasinskas

Time for an update on the salary-cap status of the four NFC South teams. We've got two extremes.

The Tampa Bay Buccaneers continue to have the most cap space in the entire league. According to league sources, the Bucs have $39.9 million available. The Carolina Panthers are at the opposite end of the spectrum.

The Panthers have a league-low $24,042 in available space. That's not even close enough for the Panthers to be able to sign a player for a minimum salary. If the Panthers are going to make any moves, they'll have to restructure contracts or release players.

The Falcons, who have been very quiet in free agency, have $24.7 million in cap space. That number doesn't include the contract signed Tuesday by linebacker Mike Peterson.

The Saints had $2.3 million in cap space before the recent signing of fullback Heath Evans. That move probably drops their figure to about $1.5 million.