ITs going to be tough,but,maybe not quite as bad as you think.
They arleady released Chad Clifton and Nick Collins for a total around 10Mish ( give or take a few hundred thousand either way) and to my knowledge they didnt spend that much of that cash yet and they had a little room under the cap before that.
James Jones comes to mind now.
With Jennings,Nelson,Cobb,Driver,Gu rley,Smithson,Borel and a few others on the roster,Jones is certainly expendable and Minnesota a few years ago signed him to an offer sheet,so maybe that's some sort of proof he can be traded for picks to free up cash ( or we can just cut him and free up cash) 3M of cap space there.IF Jarel Worthy plays well as well as the kid from Miami ( upper 2nd round pick in 2nd round) Ryan Pickett can be released or a nice pay cut.
Hawk and his rather large cap number,esp.if guys like RObert Francois or Brad Jones ( who moved to Inside LB this year) prove to have taken that next step,or one of the younger guys like Vic So'oto step up,Hawk can free up 5-6M or so ( Hawk may not have played up to his 6-8th overall pick status) but he has been very solid,consistent and has done a nice job but again,cash can be free(d) up.
I counted 5RB and 3FB on the roster and i didn't count Ryan Grant ( since hes a FA,but, he hasn't signed anywhere yet but,as far as ive heard ( or lack of hearing) the Packers haven't made much noise toward him)i didnt include Cedric Benson ( obviously) but i can see Ted bringing in another RB.ALSO GB carried 5TE last year and i just dont see that happening again,With JaMichael Finley,Williams and Ryan Taylor,there is still Andrew Quarrless and Tom Crabtree and 1 or both can be released to free up cash as well.( and i didnt include a few youngsters on the roster at TE who may have a say in some of this by playing well and earning a spot..There are plenty of options to free up cash,obtain some Draft picks and Have a replacement players on the roster already so the damage would be minimal ( as can be).Ive been concerned about the huge deals coming up myself GBPmies,believe me,but, again it can be doable and in HUGE PART to Ted Thompsons ability to find young talent who can produce at a young age and can replace these vets making a statement that Ted Thompson has to be considered among the best GM's in the game today and every year of young talent producing is more proof of that.