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Buffalo Bills now have over $19 million in cap space

A post-June 1 designation on Ryan Fitzpatrick's release has freed up an additional $7 million in cap space for the Bills.

Timothy T. Ludwig-US PRESSWIRE

With June 1 now come and gone, one of the big questions we've been repeatedly asked is what has happened to the Buffalo Bills' salary cap situation as it pertains to the March release of Ryan Fitzpatrick and his post-June 1 designation.

As we wrote the day that Fitzpatrick was released, the Bills will eat $10 million in dead money on the cap. The post-June 1 designation allowed the Bills to push $7 million of that sum onto the books in 2014, which frees up another $7 million on this year's books.

A publicly available report provided by the NFL Players Association has the Bills with $19,025,573 in cap room today - the fifth-highest total in the league, trailing Cleveland, Jacksonville, Philadelphia and Cincinnati.

The Bills have two more big contracts to get done - Jairus Byrd hasn't signed his franchise tag as he seeks a long-term deal, and first-round pick EJ Manuel also remains unsigned - and they also may be in the market for some bargain free agents to boost depth at certain positions. Clearly, they have enough money to accomplish these tasks this off-season.