Unless you’ve been living under a rock for the past few months, you are fully aware that the Rams’ salary cap situation is a bit of a… well… mess. Luckily, several prominent sources are reporting that the Rams are, as expected, re-structuring several high-dollar contracts to reach cap compliance by 1:00 pm PST March 17th:
The #Rams are working to get under the cap, restructuring CB Jalen Ramsey’s contract (creating about $12M of space), WR Robert Woods ($8M), and Cooper Kupp's and Aaron Donald’s conversions should be done soon to get them under the threshold.
— Ian Rapoport (@RapSheet) March 16, 2021
LT Andrew Whitworth is among Rams veterans to restructure their contracts for salary cap purposes as L.A. works to get compliant, per source.
— Jeremy Fowler (@JFowlerESPN) March 16, 2021
Once OLB Leonard Floyd’s new 4 yr/$64M deal, as well as CB Darious Williams’ 1st round tender (valued at $4.776M), was announced yesterday, it was clear that the Rams had some extra work to do to dig out of their current $30M+ deficit. Re-structuring the deals of CB Jalen Ramsey, WR Robert Woods, WR Cooper Kupp, DL Aaron Donald and LT Andrew Whitworth is anticipated to “fix” this year’s situation. This does not, however, mean that the Rams will not release/trade players to obtain additional wiggle room and/or draft picks. Some names that have been floated include DL Michael Brockers and RT Rob Havenstein.
Note that once QB Matthew Stafford’s trade (for QB Jared Goff + picks) is on the books come 1:00 pm PST March 17th, we will finally get a realistic estimate for the Rams’ current cap situation as they ready themselves for the second wave of free agency and the draft. Stay tuned!