Official 2024 Colts FA Signings

[nate505]

So serious question. I feel like I've been a fan of the NFL for ages but the salary cap eludes me.

The last number I looked said the Colts have like $29 million of cap space, but perhaps it's not accurate given Rigo is showing as no cap hit and they just re did his contract.

But let's say the cap was at $20 million. What exactly is the advantage of hording that cap money? Like does it keep rolling over to the point that Ballard will get a high quality FA? And if Ballard doesn't believe in high quality FAs, does it have a benefit in signing their own players? And if it has that benefit but there's money left over, does it have any benefit at all? Like does he get some sort of bonus from Irsay or does Irsay get richer or something?

I'm not trying to make this a Ballard bash fest, or say that they need to be out there spending or whatever, I'm just legitimately trying to know if that cap space is being maximized in any way.