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Money and cap considerations: another year of Brady or ... ?

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Someone has to explain to me how a team like the eagles who spend so much money on wideouts etc could have more cap space than the pats. It seems like the eagles area always making splash moves yet still have money around. They have horrible contracts like the alshon Jeffery contract or even desean jackson.

The Eagles have struggled for the past 2 years specifically because of bad WR play.
 
The Eagles have struggled for the past 2 years specifically because of bad WR play.

They gave awful contracts to Jackson and jeffery yet they might have the same money to play with as the pats.
 
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