LA Rams News: Rams announced officially signing two free-agent signings, and found cap space by restructuring contracts.
The LA Rams made their two free-agent signings official, as the team proudly welcomed defensive tackle A’Shawn Robinson (again) and outside linebacker Leonard Floyd on April 24, 2020. While this is new-old-news, the fact that the Rams officially announced the signings indicate that the team must be tapping into their reserve funds. In short, the signing of free agents means that the Rams had finally found and freed up the necessary funds to do so.
As two new players are officially on the roster now, and the dust from the 2020 NFL Draft and the chaotic undrafted free agent signing period is finally settling, we have a chance to double back and explore the strategy used by the Rams in this instance. Of course, the Rams announcement of the two official signings of both Floyd and Robinson started the chain of financial feats, so let’s begin there as well.
So how will the team pay for the signings? As expected, the team restructured the biggest contract out there, that of QB Jared Goff. Paying for the Rams 2020 free agents has been a problem for weeks, as the team had simply committed too many dollars to players who regressed in 2019.