Bucs still $13.6 million under cap

Tampa Bay Buccaneers coach Lovie Smith said the team is not done with free agency. There's a reason for that.

The Bucs still have $13.6 million available in salary-cap space and they still could create more by restructuring contracts or releasing players. Eventually, the Bucs will need to dedicate about $3 million to signing their draft picks and they'll also need to keep some money available to sign players when there are injuries during the season.

But it's fair to say the Bucs still have plenty to room to work with at a time when the free-agent market has calmed down. That's a good thing because there still are plenty of needs to fill.

The Bucs could use a third wide receiver and a third cornerback. They also could use some more depth on the offensive line and at linebacker. I expect the Bucs to be fairly active over the next few weeks. Their offseason program starts in early April and they'll want to have most of their players in place to learn the new systems.

As long as we're talking about the salary cap, let's take a look ahead to 2015. The Bucs already have 50 players signed through 2015. They currently have $116.6 million committed toward the 2015 cap.