By Eliot Shorr-Parks | NJ Advance Media for NJ.com

The numbers for the massive contract the Eagles handed receiver Alshon Jeffery earlier this month are out, and as expected, the contract is going to lead to some players being released this upcoming offseason.

Here is a look at the Eagles' salary cap situation now that they have handed Jeffery a deal that averages $13 million a season:

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THE CONTRACT

According to OverTheCap.com, the Jeffery's four-year deal looks like this:

2018: $4.225 million cap hit

2019: $14.725 million cap hit ($5.8 million saved if cut)

2020: $15.9 million cap hit ($10.02 million saved if cut)

2021: $15.97 million cap hit ($13 million saved if cut)

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Peter Aiken | AP PHOTO

2017: CURRENT SPACE

In the NFL, the unused salary cap space from one season rolls over to the next, so it is important to know how much salary cap space the Eagles currently have.

The bad news -- it isn't much. According to the NFLPA's website, the Eagles have just $849,614 in salary cap space as of Thursday morning. Only three teams have less.

The Eagles' salary cap space took a hit this month with the extensions to Jeffery Jernigan and the deal for running back Jay Ajayi. The Eagles' increased Jernigan's cap hit by $2 million this season in the new deal, and Ajayi took another $300,000.

The Eagles also increased Jeffery's cap hit this season by $1.35 million, which means as of now, the Eagles will only roll over $849,614 in cap space.

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2018 CAP SPACE

It isn't often the Eagles only carry over just $849,614 in extra salary, as they usually try to carry over closer to $10 million in space.

To make matters worse, the Eagles' salary cap for 2018 is already airtight.

The Eagles are currently projected to be over the salary cap in 2018 by $4.6 million -- which is roughly the cap hit handed to Jeffery for 2018. That means even with the rolled over money, the Eagles enter the offseason over budget.

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BRANDON GRAHAM EXTENSION

Another shoe that is potentially set to drop is a new deal for defensive end Brandon Graham. Graham will be entering the final year of his contract in 2018, and holds a cap hit of just $7.5 million -- a very low number considering he is an elite defensive end. Graham has been looking for a new deal from the Eagles for the last year, and if he doesn't get one, he will likely hold out next year.

The good news is that both sides have incentive to get a deal done, as a new deal would likely lower Graham's cap hit in 2018, and would give the defensive end a fresh batch of new guaranteed money to keep him in Philadelphia for at least another two-or-three years. If Graham does indeed get a new deal soon, look for it to lower his 2018 cap figure, freeing up a few extra million for the Eagles to play with this offseason.

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2018 ROOKIE CLASS

The Eagles also need to pay their incoming rookie class.

Even though the Eagles don't have a second-or-third round pick, they still have a total of six draft picks, and all of those incoming rookies are going to count against the cap until they are -- for the late round picks -- released.

So when looking ahead at the Eagles' cap space, at least $3 million in salary cap space should be reserved for the rookies -- which means the Eagles need to clear around $7 million in salary cap space before they can even consider signing another player.

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POSSIBLE CUTS

Now that Jeffery is under contract, the reality is that cuts are coming -- and some key players this season might be on the chopping block.

Here is a look at some players that could be released or traded to free up cap space.

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VINNY CURRY

2018 Cap Hit: $11 million

Money saved if released: $5 million

Dead money if released: $6 million

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ANALYSIS: Curry is a popular name for fans to assume will be cut, but it shouldn't be looked at as a sure thing.

Yes, the $11 million cap hit for a backup defensive end -- which Curry will be next season -- is expensive.

The Eagles, however, really like to shuffle their defensive ends in-and-out of the game, and Curry has played at a very high level this season against both the run and pass when he has been on the field.

Even with Graham and defensive end Derek Barnett likely to be starters next season, Curry still adds a ton of value to the defensive line -- and if he was released, the Eagles would have to sign another free agent to replace him.

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EAGLES SIGN JEFFERY: INSTANT ANALYSIS

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JASON PETERS

2018 Cap Hit: $11.6 million

Money saved if released: $5 million

Dead money if released: $6 million

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ANALYSIS: Prior to the team handing him a three-year extension at the beginning of the season, Peters would have been an easy decision -- cut the veteran this offseason and clear $12 million of the books.

Now, however, the decision with Peters is far more complicated with the offensive tackle suffering a season-ending ACL injury.

Cutting Peters costs more in dead money than it saves, and the emotional factor of what Peters means to the team -- to the players, to owner Jeffrey Lurie and to the coaches -- can't be overlooked. It would be surprising if the Eagles simply cut Peters, but from a business perspective, it is clearly the right move to make.

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NICK FOLES

2018 Cap Hit: $7.6 million

Money saved if released: $2 million saved

Dead money if released: $5 million dead money

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ANALYSIS: The Eagles decision to hold onto third-string quarterback Nate Sudfeld could be a sign they are very interested in keeping him into next season, and a quarterback competition could be brewing for the backup spot.

Foles offers plenty that Sudfeld does not -- starting experience, playoff experience and a track record of success -- but he costs significantly more and dealt with soreness in his throwing elbow earlier this season.

The contract, however, is going to make it very tough to move on from Foles. A trade is possible, but it is hard to imagine Foles will have much value to another team.

Now that Carson Wentz might not be ready for the start of next season, however, the chances Foles is traded or cut are basically zero.

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EAGLES VS. SEAHAWKS: PICKS AND PREDICTIONS

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MYCHAL KENDRICKS

2018 Cap Hit: $7.6 million

Money saved if released: $4 million

Dead money if released: $3.2 million

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ANALYSIS: Kendricks seems to have lived on the chopping block the last few seasons, but despite all of the rumors, he is still with the Eagles -- and is playing at a very high level. There is no denying Kendricks likely have far more trade value now than he did at this point last season, but he is also more valuable to the Eagles.

The Eagles are paper thin at linebacker, and with starting linebacker Jordan Hicks suffering a torn Achilles, they are even thinner then they were before. Saving $4 million by moving on from Kendricks would help their cap situation, but at this point, you have to wonder if losing Kendricks and the experience in the defense he brings would be worth the extra space.

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TORREY SMITH

2018 Cap Hit: $5 million

Money saved if released: $5 million

Dead money if released: $0

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ANALYSIS: Smith might not have great production this season, but he has been a valuable part of the team, especially in the locker room as a leader. That being said, with the Eagles' salary cap situation just a mess, it would be shocking if he was back at $5 million.

Although a paycut is possible, it is far more likely the Eagles will simply cut Smith, open up the extra $5 million and make Mack Hollins the starter at receiver in 2018.

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EAGLES NEED TO TAKE ADVANTAGE OF MAGICAL SEASON

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BRENT CELEK, TE

2018 Cap Hit: $5 million

Money saved if released: $4 million

Dead money if released: $1 million

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ANALYSIS: Like Smith, Celek adds leadership to the locker room, and as a lifelong Eagle, the team will likely want to keep him.

Paying $5 million to a third-string tight end, however, is going to be tough to justify for a team desperate for salary cap space.

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POSSIBLE CUT SUMMARY

If the Eagles release all of the above players, they would save $25 million in cap space -- but would leave $21 million in dead money on the books, something executive vice president of football operations Howie Roseman will likely try to avoid.

You can pick and choose which players you feel are realistic, but at the very least, it would be surprising if Smith and Celek were back -- and releasing both of those players opens up $9 million in salary cap space.

If the Eagles release Smith and Celek, they will have around $5 million in salary cap space, but once they pay the rookies, that number will go down to around $2 million.

The Eagles will likely make a number of cuts to open space up, but the reality is that with Jeffery now under contract, the Eagles' cap space is once again air tight heading into the offseason.

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WHERE TO REACH ME

Eliot Shorr-Parks may be reached at eshorrpa@njadvancemedia.com. Follow him on Twitter @EliotShorrParks. Find NJ.com Eagles on Facebook.

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PODCAST: THE NO-HUDDLE SHOW

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WATCH: EAGLES PREPARE FOR SEAHAWKS