It’s amazing that the best team in the AFC East also is in the best shape with the cap. The Patriots have done a masterful job and have plenty of money to spend in free agency if they choose. A big chunk of it will go to Welker, who is due for a nice payday. New England won’t let Welker slip away. The Patriots also have the tools to acquire defensive help in free agency, as well as sign their two first-round picks and two second-round picks in the draft. The Patriots are in position to be a major force again next season.
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Previewing AFC East salary cap - AFC East Blog - ESPN

And for those wondering what they had to say about the Jets, here ya go:

The Jets are the only AFC East team projected to be over the cap. This was a team built to win now and it didn’t work out; now New York has to make some trimmings on the roster if it wants to do anything in free agency. There’s a good chance Burress and Leonhard won’t return. Pouha is a good player and could come back at the right price. Running back LaDainian Tomlinson also is a free agent. But his role was drastically reduced this past season and it’s unlikely he will return. Tomlinson is contemplating retirement.
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Source: ESPN
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