After the post-June 1 adjustments, the Falcons are $7,238,018 million under their adjusted salary cap of $176,018,958 million, according to NFLPA documents.
The release of tight end Levine Toilolo with a post-June 1 designation saved the team $3.5 million. The 6-foot-8 Toilolo was selected in the fourth round (133 overall) of the 2013 NFL draft out of Stanford and the hope was that he would develop into a red zone threat. He turned out to be a blocking tight end.
Toilolo signed a one-year contract with the Lions in free agency.