Cap Room

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Psycho_X

Legend
Joined
Jan 14, 2013
Messages
11,234
I had read though that you don't get that cap savings until June though if designated as a June release.

So not sure they can do that. If they were $15M under then they could do that, but barely being under, they need the cap savings now.
At the very least they have to have cap room to sign their draft class and leave a little for in season transactions. Rams rookies usually sign post june 1st so in a way having that money hit post june 1st and knowing it'll be there, in a way, frees up that money now.
 

PARAM

Hall of Fame
Joined
Aug 3, 2013
Messages
3,981
That's right.

Wagner is a free agent right now but if the Rams "Designate" his release as a post-June 1 move, they would have more cap space in 2023 but less in 2024 because they would be pushing-off some of the dead-$ until next year.

However, the math does not apply until post-June 1. So there is no current impact on the current Rams' cap.

The $7M-$8M of cap space they currently appear to have may be enough for the up-coming draft class, so if they decide to hold-off on any free agent signings, that amount may be enough. Not an exciting possibility. There are also always other moves (restructures) to create immediate cap space.
So they're 6 mil + under the cap TODAY. Without Wagner's cap relief. If they don't designate him a post 6/1, his money will be off the books tomorrow, giving us 11 mil + in cap space. They would have enough to sign their rookie class and a few free agents. Gaines? Scott? A'Shawn? Somebody outside the organization? And still there could be another restructure or release coming.
 

Corbin

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Nov 9, 2014
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11,281
Damn I’d thought we’d have the most Dead Cap at 45 mill this year but Panthers at 48 Mill and Eagles at 54 Mill negative money right now. :wow2: