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The Indianapolis Colts are set up pretty nicely in 2014 with over $33 million in projected cap space. But the team could put themselves into an even better position by cleaning out their roster, getting rid of overpaid players who clog the salary cap while offering little on the field.

Part of the process every season for each NFL team is cutting players, and the Colts are no exception, even if it seems harsh to call for certain players to be waived. In the end, the NFL is a business, and teams can't always afford to pay players at the rate they initially signed them for.

In today's look at the 2014 roster, we're taking a look at five Colts that could be cut for reasonable cap savings. For a look at some of the players who maybe should be cut, but wouldn't offer cap savings, check out the guide I put together for Colts Authority last month.

Note: All salary and cap information comes via Spotrac.com.