Spencer failed to crack the starting lineup in 2011, after being a starter the two season prior. He fell all the way to fifth on the depth chart.
Fifth corners typically do not make $3.3 million, which is what Spencer is due this season. San Francisco may be more motivated to deal with Spencer due such a large sum. Of course, teams could wait them out, knowing that he will most likely be cut.
The Rams reportedly have eyes for Titans free agent cornerback Cortland Finnegan, who will fetch far more than $3.3 million in free agency.
According to Pro Football Focus, Spencer played just 14 snaps in 2011. Injuries kept the 30-year old on the shelf for a significant amount of the season. As a full time starter in 2010, Spencer had a -7.9 rating from PFF and a -4.8 in coverage. Sam Bradford torched Spencer in Week 16 of 2010, completing six of eight passes against him for 91 yards.
Spencer was a little better in 2009, grading out with a 5.4 rating overall and in coverage. He might an upgrade over Justin King or some of the others on the bottom of the Rams depth chart, but he is not a player the Rams would be well advised to invest $3.3 million in this season.