How much money do the Falcons have left to spend in 2023 free agency?

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The Falcons have made a flurry of roster moves, some better than others. But overall, it’s been a promising start to the legal tampering period. The Falcons aren’t done yet, either. Even after signing Taylor Heinicke today, they should have north of $20 million in cap space remaining.

It’s difficult to gauge because a lot of these deals aren’t official until the new league year begins tomorrow, so most of the contract details have not yet been made public. Still, it’s fair to assume they have plenty of space to make a few more free agent signings before the draft in six weeks.

We know the Falcons will re-structure the contract of Jonnu Smith, who wanted to reunite with his old offensive coordinator in Arthur Smith. It’s also expected that the extension for Chris Lindstrom will save the Falcons money in the short term.

Right now, between $20-30 million is a fair estimate for what the Falcons have left to spend. They can also create a little more cap space through restructures and by cutting Casey Hayward, which would result in very little dead cap. With the draft class expected to cost around $8 million, there’s room for Terry Fontenot to maneuver, and this is where he’s worked his magic in the past. He’s been known to find value where others aren’t looking over his career, and he’s already done it several times in Atlanta — Cordarrelle Patterson being a prime example.

Photographer: Zach Bolinger/Icon Sportswire

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