Leary and Flacco being cut, saves around 28.5 million, OTC without the draft class in, has Denver at 61 million, project 5-6 for the draft picks, and it's around 80+ in cap with those two moves.
But Denver also has alot of free agents that could/would take up some of that money. Like McGovern, CHJ, Parks, Simmons, Gotsis, Wolfe, Shelby. But even if you re-sign 4-5 of those, Denver is still set up pretty well to add in free agency.