Also remember we're still paying Farah and possibly Sironen this season. That's >700k of a dead cap space which will be freed up for next year so we're already sitting on a roster that's well under the cap as is.
Consider a few more big contracts coming off the books including Moses, Tedesco and Woods (likely together in the 2 million range) that's around 2.5-3 mil in cap space available. Reynolds, Lolohea, McQueen, Matulino, Packer, Milne and Fonua are probably equal trade-offs for that. Considering a few other contracts we won't be renewing and the general increase in the cap we should certainly have substantial space left - even more so considering that we'll have the leverage when it comes to teams offloading players and will likely be able to get subsidised contracts.
Really impressed with how our management has dealt with the situation at hand. Not only is the team looking more competitive each week, we're in a position where young talents are being locked up on long-term deals and the core members of our squad are for the most part going to be around til 2020.
My only real disappointment was I feel we were a bit too trigger happy with Brooks because of all the controversy surrounding the "big 4" at the time and signed him to a deal larger than we should have, but 550k is below market for a halfback and it's only a 2 year deal so by the time we progress to having a squad probably ready to compete, Brooks will either have taken the next step and we can just bump that up or we'll be able to put our funds towards a game breaking half.