Salary cap space will be an important factor over the next several weeks, as the Indianapolis Colts and 31 other NFL teams enter free agency and begin chipping away at the available space under the 2013 cap.
According to Spotrac, the Colts entered Tuesday's new league year with $42.7 million in spending money—the third most in the NFL. Such salary-cap comfort should give the Colts freedom to be aggressive on the open market.
For your convenience, we will be using this space to provide real-time updates on the Colts' current salary cap situation. As new signings and re-signings become official, we will provide the new numbers crunch the available space.
UPDATE: According to Paul Kuharsky, the Colts have $13.2 million in cap room for 2013, current through Friday, March 15.