It will be all screwed up.
For one thing, for some reason free agents with 4 yrs & 5 yrs tenure will be restricted free agents, so if you sign them, current team can match, and if you get the player, you give up a draft choice.
Usually after 4 you are unrestricted.
If there is no cap this yr, you have to have 6 yrs to be unrestricted. This limits pool a LOT.
So there will be fewer players, but since there is no cap there should be higher salaries demanded by those that are out there unrestricted.
Will be a fiasco.