Found this VERY tasty nugget from ESPN. Apparently, the Chiefs cap number for 2011 right now, for only players under contract(not including RFA, FA's, and Rookies) is only
74.4 MILLION!!! That means the need to spend close to
45.6 MILLION DOLLARS in order to be compliant with the 2011 salary cap floor.
Numbers per
this link.
note - Not sure if this includes bonuses and escalators...