The Rams currently are about $16 million over the cap, according to overthecap.com. In March 2021, Floyd signed a four-year contract that included $32.5 million in guarantees. Floyd, 30, is scheduled to carry a salary-cap number of $22 million in the upcoming season, according to the website. Releasing Floyd before June 1 saves the Rams $3 million in cap space, but it comes with a $19 million hit against the salary cap, according to the website. Wagner's release saves $5 million, though it also results in $7.5 million in salary-cap money.

Source: Los Angeles Times March 10, 2023 21:54 UTC