A safe estimate for a floor, would be around 130 million, where we were at two years ago (roughly a $20 million dollar decrease from what it regularly would be this year, or about a 14% decrease.
Which would have us 12 million under the cap. Cutting Gholston wouldn't net us much cap room, however, so hopefully we can trade him for a 7th, as extremely unlikely as that is. I wouldnt be surprised to see him play out the contract here.
Woody will be gone, which will get us to about 15 million.
15 million could sign two guys out of Braylon, Harris, Cro, and Holmes, assuming no one takes a pay cut to stay. However, we'll also have draft picks to sign. *shrug*