How Much Cap Space Do The Chargers Have?

As it stands today, the San Diego Chargers have $15.28 million in cap space. Of course, the team has yet to sign any of their rookies so that fifteen will drop down to about 11 or 12 million. That number is still a significant amount under the salary cap - enabling the Chargers to sign free agents if they so choose. But if we know anything about General Manager AJ Smith, its that he would much rather have receive the compensatory draft picks that he'll get if he does not sign a qualifying free agent. The offseason losses of Michael Turner and Drayton Florence combined with the substantial new contracts both players signed will mean the Chargers could potentially get an extra third or fourth round choice for each player. Those draft choices are valued pretty highly by a team like the Chargers, who like to build through the draft. Being smart about free agency and exercising wise cap management is going to go a long way toward making sure the Chargers can resign all of their key players.

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June 9, 2008

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