If the Cap ends up being $120m, we'll have $33m in cap space after cutting Spencer
I came to that number by carrying forward the $17m we didn't spend in 2011 -- it's a one-time carry forward clause. That's a lot of cap room, and I think we should use it to restructure some contracts, give Soap a new contract, give Andy Lee a new Contract, and bring some of Vernon Davis' salary forward to this year.
Looking at outyears, we do not have a lot of committments...so that means we *have* to spend money in 2012 or lose the cap space. As a result, I expect us to sig na big-name free agent Wide Receiver, re-sign Smith, and re-sign Carlos Rogers.