It would be factored in later.
NFL CAP of $126,300,000 + Total adjustments of $570,649 + 2013 carryover of $4,024,801= 2014 adjusted cap number of 130,895,450
Right now, I have the Patriots 2014 cap commitments as $120,639,381
I expect the following to happen which will increase that number
Tendering Danny Aiken at the lowest RFA tender level $894,000
McCourty's escalator $3,200,000
Other possible changes to cap commitments - McCourty may not have increased his 2014 escalator by $3.2 million.
After the three occur, the cap commitment total is $124,733,131.
2014 adjusted cap number of $130,895,450 minus cap commitment of $124,733,131 equals 6,162,319 in cap space with 66 signed or tendered players. This cap space number is before redoing the deals of the players already signed for the 2014 season, releasing any signed players, or signing any UFAs.