The Rams cap situation is a bit tight. There’s no secret to that.
Fitting in all their new free agent additions hasn’t been easy and they’ve been forced to get creative.
For example, Leonard Floyd’s deal with the Rams was reported as a one-year deal worth up to $13 million with $10 million fully guaranteed.
According to OverTheCap, the Rams had to spread the cap hit across three seasons, even though Floyd’s deal is only a one-year deal. It’s essentially a three-year deal with the final two years automatically voided.
Floyd will get a base salary of $5 million in 2020 with the other $5 million coming as a signing bonus. Signing bonuses can be prorated over the life of the contract, which is what the Rams are doing with Floyd.
His cap number for 2020 will be just under $7 million and his cap hit will be $3.3 million in 2021, even though he’s not technically under contract for 2021. So Floyd will carry a dead cap hit of $3.3 million in 2021 unless he signs an extension.
The Rams have made several moves this offseason to help out their cap situation, including restructuring the contracts of Rob Havenstein and Jared Goff, and releasing Clay Matthews and Todd Gurley.
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