The NFL announced that the salary cap modestly increased to $120.6 million over the weekend. And including Pro Bowl running back Matt Forte's $7.7 million franchise tag, the Bears still have $24 million in salary cap space, according to a league source.
That's the most in the NFC North, but the Minnesota Vikings aren't too far behind, after a weekend purge that included the release of cornerback Cedric Griffin, perennial All-Pro guard Steve Hutchinson and guard Anthony Herrera.
According to Pro Football Talk, the Green Bay Packers were $5.4 million over as of Sunday, and the Detroit Lions were $11.5 million over.
With $24 million in space, the Bears have the flexibility to make one major signing, ie. defensive end Mario Williams or receiver Vincent Jackson. Keep in mind, the Bears will need to set aside several million to sign its rookie class and account for any injury during the season.