Alright, I love this sort of thing, so I'm going to dig in on nick's topic using Spotrac's "Manage Team" tool.
Restructures/Cuts:
Brian O'Neill - Convert part of salary to a bonus and add one void year - cap hit goes from 26M to 15M
Release Garrett Bradbury (Save about 3.5M)
Total Savings: 14.5M
FAs: Release Cam Robinson, Sam Darnold, Aaron Jones, Stephon Gilmore, Shaquill Griffin, Jerry Tillery, Dalton Risner, Jonathan Bullard, Brandon Powell, Johnny Mundt, David Quessenberry, Dan Feeney, Trent Sherfield, Jihad Ward, FAbian Moreau, Patrick Jones, Cam Akers, Brett Rypien, Ryan Wright.
Resign: Theo Jackson - 3 years 9M
Cam Bynum - 4 years, 60M
Byron Murphy - 4 years, 60M
Jalen Redmond - 2 years 3M
Kamu Greiger-Hill - 2 years 3M
Daniel Jones - 1 year 7M
Nick Mullens - 1 year 2M
Cap Space entering FA: 47M
Sign Trey Smith for 5 years 110M
Sign Ryan Kelly for 2 years 15M
Sign Calais Campbell 1 year 5M
Sign Javon Kinlaw 1 year 5M
Sign KJ Osborn 1 year 2M
Sign Kristian Fulton 3 years 27M
(Will have to adjust yearly salaries a bit, but all doable)
Draft: Trade pick 24 and 160 to Philly for 30 and 94
Pick 30: DT Deone Walker
94: CB Will Lee III
100: HB Cam Skattebo
139: HB DJ Giddens
Roster:
QB: JJ, Jones, Mullens
HB: Skattebo, Chandler, Giddens
FB: Ham
WR - Jefferson, Addison, Nailor, Trishton Jackson, Osborn
TE - Hockenson, Oliver, Muse
OT - Darrisaw, O'Neill, Rouse
OG - Smith, Brandel, Ingram
C - Kelly, Jurgens
NT - Walker
DL - Phillips, Campbell, Kinlaw, Redmond, LDR
OLB - Greenard, Van Ginkel, Turner, Asamoah, Richter
MLB - Cashman, Pace, Grugier-Hill
CB - Murphy, Fulton, Blackmon, Hill, McGlothern
S - Jackson, Metellus, Bynum, Ward
K - Reichard
P - Who gives a ****, sign a guy
You probably need another cheap OL and CB to round out the group.