I just clicked on page above and it says 'last updated 12 September':
Since it is so "old" (old = relative! is hard to keep up at the pace BB moves) .....
a number of cut guys are still listed: Name [miguel's cap "hit / savings " if cut or traded data ]
Hooman [ 480k / 515k ]
Tompkins k. [0/0]
Cadet. [ 32k / 125k ]
Martin e. (Lb). [ 10K / 0 ]
Thornton k. [ 75k / 0 ]
And a number of new guys are not listed:
Hicks
Bostic
Martin k. (Wr)
So it appears like from the $3.32M available before all the cuts & trades, it would be something like $3.8M if those cuts had happened before game 1 (I have no clue how much of those cap savings are still true after they play a game) and without adding in the hits from the new guys (whose contracts I also have no clue about). All three being on rookie contracts, you would think they aren't going to displace much on the bottom end of the 51, but ??? That is where you need Miguel.