Yes and no. The rookies won't hit our cap until we cut down to 53. So for now we only need to cut 11.7 or 11.8 depending on the source you read to get under before the league year starts on March 12th. Then the 2nd time we have to be under the cap is when we cut down to 53 and their contracts will factor in by then.
We also have draft picks to sign....so I think we need to get down even more to have room to sign them.
Yeah I added the rookie # guestimate he had to that cap figure, so it included signing the rookies.
Great info p4l.