The LA Rams freed up $7 million in cap space by re-working the contract of quarterback Jared Goff this week, according to a report by Adam Schefter:
Restructuring Jared Goff’s contract freed up $7 million, per source. https://t.co/La5v9XUW9m— Adam Schefter (@AdamSchefter) April 24, 2020
That was preceded by a tweet from Lindsey Thiry that the Rams had officially signed defensive tackle A’Shawn Robinson and outside linebacker Leonard Floyd. The team did not have enough cap space to officially sign those players prior to Goff re-working his deal. The remaining amount of savings from Goff’s re-worked deal (probably around $6 million) is about what it should cost to sign the rookie class.
We can end any speculation that the deals for Robinson or Floyd could fall through as the one for Michael Brockers did with the Baltimore Ravens prior to him returning to Los Angeles. That too may have only been possible with Goff re-doing his deal. Keep in mind that this does not mean that the Rams saved any total money or that Goff would give anything back. If anything, it could just create a different cap issue in the future, but so long as Goff is able to bounce back to his 2017-2018 levels that won’t be a problem.