No team currently has less cap space than the Los Angeles Rams right now. In fact, they have no cap space whatsoever. The Rams are over the cap by about $5.3 million, and that’s without Leonard Floyd officially signing his contract yet.
Of course, the front office will figure it out and eventually get back under the cap, but it won’t happen without some cuts, trades and restructures – or all of the above.
The Rams still need to leave room for their incoming draft class, too, which will also take up some cap space. However, it won’t be as expensive as you might think. According to Over the Cap, the Rams’ rookie draft pool is $5.876 million. That’s the amount they’ll pair their rookies in 2020, based on their current draft slots; that can change with trades, obviously.
But the cap space taken up by those rookies is less than $5.876 million because assuming they all make the roster, they’ll be replacing players who are currently on the roster. Over the Cap uses this formula to determine how much cap space is required to sign each team’s draft class: Rookie Pool – ($610,000 x number of picks) = cap space needed
So for the Rams, it is as follows: $5,876,430 – $4,270,000 = $1,606,430
Needless to say, $1.6 million isn’t a huge number. The Rams don’t have that amount of money right now, but if they restructure the contracts of Jared Goff or Aaron Donald, they should have enough space to fit Floyd and the draft class under the cap.
Given the limited options the Rams have when it comes to creating cap space, it seems like a matter of when – not if – the team will restructure a contract or two.