It says they have about 3M now so they must have made some moves.
If you look at their salary cap table they are pretty heavily leveraged in terms of guaranteed funds.
There is only 3 players they could cut that would free up more than 5M in cap space.
Chris Jones (who is on a 5th year option)
Things improve a bit next year but they lose a lot of players. I don't know all their players to determine how key they are though.
The other thing to consider is that Mahomes has this year and presumably a 5th year option for next year that they will invoke. So by the looks of it they arn't going to be able to keep their team together for very long. Mahomes is probably going to get close to 40M per year.
If they are going to be a dynasty they are gonna have to draft well.
I love this draft. Very nicely done. My only issue is Moss. Not a believer in him, would probably go defense with that pick. It would be surprising seeing Ballard not pick a defensive player until the 5th but the way he's played free agency, I definitely wouldn't rule it out. Our 1st 2 picks alone make this draft a win in my eyes though.