Here's how much salary cap room the Eagles have heading into 2017 NFL offseason

The 2017 NFL salary cap has been officially set at $167 million, according to multiple reports. That figure is actually a little lower than what it was expected to be, but it’s still a $12 million increase from last year’s figure of $155 million.

What does this mean for the Philadelphia Eagles? According to Over The Cap, the Eagles currently have roughly $8.7 million in cap space. That figure ranks third to last in the NFL; only the San Diego Chargers and the Dallas Cowboys have less cap space.

Part of the reason why the Eagles are tight on cap space is because Philadelphia spent a lot of money last offseason.

The good news for the Eagles is there are quite a few cuts and/or trades they can make to free up cap space. Philadelphia is reportedly expected to free up “significant” money this offseason.

Based on potential cuts/trades, the Eagles can realistically get up to around $30 million in cap space. That would give the team enough space to make some much-needed upgrades at multiple positions, especially wide receiver.

The NFL free agency legal tampering period begins next week on Tuesday, March 7. Then the new league year officially begins a few days later on Thursday, March 9. Only a week to go until we get to see who the Eagles will sign.