Have the LA Rams buyer’s remorse over OLB Leonard Floyd?
By Bret Stuter
Catastrophic Capology
The team now sits at less than $3.5 million available cap space per OverTheCap.com, but must still maneuver to find the dollars to allow the team to sign OLB Leonard Floyd and re-sign DT Michael Brockers. The numbers involved with Floyd were a one-year deal, with $10 million base but worth up to $13 million.
The numbers involved with the Brockers deal is three-years with up to $31.5 million. Some believe that the Brockers deal is essentially a much more economical cap impact, with at least one source speculating that it is a base 3-year $24 million, plus incentives to bring it up to the $31.5 million maximum value.
This isn’t the way teams should run their funds. For the most part, teams free up the cap space and then sign players to that amount or less. The Rams have taken advantage of the COVID-19 disruptions to the normal procedures, allowing the team to delay the team-sponsored physical examination of the player. Until that medical is conducted and passed, the Rams can basically “kite the check” owed to players by reaching an agreement with another. The team does not need to come under the salary cap until the contracts are signed by all parties. Right now, the Rams have two contracts that need signatures.
Now all that is left is how to pay for everyone. That could mean $10 million for Floyd, about $8 million for Brockers, and under $1 million for Deayon. Or the Rams may extend Floyd’s contract, allowing the opportunity to spread dollars over multiple years. But whether one, two, or three years, Rams must find the means to pay for both Floyd and Brockers. How can the Rams pull that one off?