No. That is misleading and wrong.
They have $19,910,215 in cap this year and we don't know how much they will roll over for the next.
As of now they have $19,910,215 (2019) + $84,127,431 (2020) with the cap space projected to be 200M.
So = 104,037,646M
As Miguel said the rookies will take btw 2-3M. Use 2.5M. So let's use 6M for both years (2.5M this year + 3.5M 2020 next year)
As of now they have 12 picks this year + 9 next year = 21 picks.
Every guy that BB picked in the first 4 rounds made the squad.
So 7 this year + 6 next year = 13
Let's say
Ufomba Kamalu,
Christian Sam and
Braxton Berrios don't make the final squad this year.
31 players signed - 3 players + 13 players drafted = 41 players signed
So = 104,037,646M - 6M for draft picks = 98,037,646M and 41 players signed
98,037,646M and 41 players signed
Lets say they spare 10M each season for cushion and 3M for PS players = 26M
So the new number = 72,037,646M
Gost is still not signed = Lets say for only math purposes he takes 4M each year (will take less IMO). That's 8M
So the new number = 64,037,646M and 42 players signed
That number will be bigger. Remember that not all 51 players will make the squad this year, they always find nice UDFA but lets keep pretending they all make the squad and they did not find ONE UDFA on TWO drafts ...
They have 64,037,646M for 11 players.
I will put the avg number next to the FA they signed, ok?
Now lets look the list of FA:
Tom Brady 26/30
Devin McCourty Retired
Julian Edelman 6.5/8
Kyle Van Noy 7/8.5/9.5
Jonathan Jones 2.5/3.5/4
Joe Thuney 6/7.5/8.5/9.5/10.5
Elandon Roberts 3.5/4/4.5
Ryan Allen 2/2.5/2.75
Ted Karras 1.3/1.5
Total = 54.8M
We need 2 more ...
Brandon King
Matt Slater
Nate Ebner
2M each?
Total = 58.8M
or
one of them
Total = 56.8M
All accounted for: PS players both years/ Draft both years/ Cushion both years (they can save a lot of money here if they are lucky).
Who else do you want for 8M per from that list? Maybe a FA? Maybe Devin if he doesn't retire?
Josh Gordon
Phillip Dorsett
Brian Hoyer
Maurice Harris
Bruce Ellington
Brian Schwenke
David Parry
Obi Melifonwu
James Ferentz
Cole Croston
Stephen Anderson
Calvin Munson
Jacob Hollister
Adam Butler
Keionta Davis
Dan Skipper
A.J. Howard
Ryker Mathews
Jake Eldrenkamp
Danny Etling
Trent Harris
Frank Herron
Damoun Patterson