As someone pointed out, those numbers don't include the $13+ million in dead money.
Pauly S. @thenflanalyst 6m
@tommyland9 @OmarKelly @gleejr9472 Those numbers are wrong, dead money is not accounted for. They are at 131m w/out Strief. 2m in cap space.
Ok...so back to my original question.
How the hell are the Saints affording this?
I'm just going to laugh when Jimmy wins his arbitration, stack another $4 to the cap. Strief contract 5 Year / $20.5 / $8.5 Guaranteed
Adds around another $4
So as it stands Saints are at -$2 cap with draft picks to sign and Jimmy possibly adding another $4.
What happens if a team enters the season over the cap?
Saints could be entering the draft at $6 over the cap with $2 more to sign picks.
Need to cut around $8 before season starts.