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zeke2829
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The Salary Cap
Although the Rams are a relatively young team and have the benefit of all those cheap draft picks from the RG3 trade, they have a number of highly paid players on the roster (notably, defensive stalwarts Chris Long and James Laurinaitis) and have invested heavily in free agency over the past several seasons. As a result, St. Louis's cap situation isn't anywhere near as rosy as you might think. According to Spotrac, the Rams already have $123.6 million committed to the salary cap for 2014, which is expected to fall at $126.3 million. That's without signing any of their pending free agents or fitting salaries for their draft class — with two first-rounders, remember — underneath the cap. If anything, the Rams will need to create space for themselves heading into 2014.
That's possible, but it's going to come with some repercussions, too. The most obvious move the Rams could make is to release Bradford, who has been a microcosm of this team during his time in St. Louis: bursts of promise amid long-running injury woes and disappointing performances. Bradford showed some signs of improvement during his seven-game run at the helm this year, but he remains an extremely conservative passer who seems either unwilling or incapable of taking shots downfield. Put it this way: There are people who think Bradford's an absolute bust, and there are people who think Bradford has the potential to be a viable starter, but I can't think of a single person around the league who ever suggests to me that Bradford is a sure superstar quarterback anymore.
Honestly, for the Rams to justify paying Bradford his going rate, he needs to be a superstar. Because Bradford was a first overall pick under the old collective bargaining agreement, he's in the middle of a massive contract that pays him like he's already one of the best quarterbacks in the league. And 2014 is the first year in which Bradford's contract can be moved without incurring suicidal cap penalties. As an example, if the Rams had cut ties with Bradford before the 2013 season, he would have counted for $23.3 million on their cap, nearly twice his $12.6 million cap hold while on the active roster. That's not moveable.
In 2014, Bradford's cap hit balloons to $17.6 million. With just two years left on his deal, most of Bradford's enormous signing bonus has already been counted for on St. Louis's cap. If the Rans were to cut or trade Bradford, they would only incur $7.2 million of dead money charges on their cap next season. That means that moving on from Bradford would release $10.4 million in cap space for the Rams in 2014 while taking Bradford off the cap altogether for 2015. Given that the Rams will have the second pick in a quarterback-laden draft pool, it's hard to imagine they won't move on from their former top pick and find a better use for that $10 million elsewhere on the roster.
Bradford isn't the only veteran with an outsize contract. Cornerback Cortland Finnegan was a prize signing for the Rams from Tennessee just two offseasons ago, but his tenure in St. Louis has been a disaster. Finnegan has played poorly when on the field and has struggled to stay healthy, with a "thigh" injury (NFL code for a hamstring issue) and then a fractured orbital bone sidelining him for most of 2013.
The Rams will have to pay Finnegan a $3 million roster bonus that is guaranteed for injury this offseason, but they still might want to consider releasing him. Finnegan has a $6 million base salary and will cost $10 million (including that roster bonus) on next year's cap. The Rams could release him early in the offseason and save $4 million on their cap in the process, or they could choose to designate him as a post–June 1 release, which would save them $6 million on next year's cap while pushing $2 million of the dead money from Finnegan's deal onto the 2015 salary cap. It would be tough to swallow the hit on Finnegan's contract after paying the Jeff Fisher favorite a whopping $27 million over two years, but those figures are a sunk cost by now. The release would give the Rams valuable cap space to use on a player who can perform better than Finnegan.
Two offensive linemen could also leave town. The Rams could cut ties with guard Harvey Dahl, who is due $4 million that could be saved in full if the team releases him. They might also opt to dump center Scott Wells, who has played just 19 games in his two seasons with the team while breaking his leg and his foot. Releasing Wells would wipe away a $6.5 million cap hold while placing just $2 million in dead money on St. Louis's 2014 cap. In all, releasing Bradford, Dahl, Finnegan, and Wells would combine to likely save the Rams just less than $25 million in salary-cap space for next year.
Although the Rams are a relatively young team and have the benefit of all those cheap draft picks from the RG3 trade, they have a number of highly paid players on the roster (notably, defensive stalwarts Chris Long and James Laurinaitis) and have invested heavily in free agency over the past several seasons. As a result, St. Louis's cap situation isn't anywhere near as rosy as you might think. According to Spotrac, the Rams already have $123.6 million committed to the salary cap for 2014, which is expected to fall at $126.3 million. That's without signing any of their pending free agents or fitting salaries for their draft class — with two first-rounders, remember — underneath the cap. If anything, the Rams will need to create space for themselves heading into 2014.
That's possible, but it's going to come with some repercussions, too. The most obvious move the Rams could make is to release Bradford, who has been a microcosm of this team during his time in St. Louis: bursts of promise amid long-running injury woes and disappointing performances. Bradford showed some signs of improvement during his seven-game run at the helm this year, but he remains an extremely conservative passer who seems either unwilling or incapable of taking shots downfield. Put it this way: There are people who think Bradford's an absolute bust, and there are people who think Bradford has the potential to be a viable starter, but I can't think of a single person around the league who ever suggests to me that Bradford is a sure superstar quarterback anymore.
Honestly, for the Rams to justify paying Bradford his going rate, he needs to be a superstar. Because Bradford was a first overall pick under the old collective bargaining agreement, he's in the middle of a massive contract that pays him like he's already one of the best quarterbacks in the league. And 2014 is the first year in which Bradford's contract can be moved without incurring suicidal cap penalties. As an example, if the Rams had cut ties with Bradford before the 2013 season, he would have counted for $23.3 million on their cap, nearly twice his $12.6 million cap hold while on the active roster. That's not moveable.
In 2014, Bradford's cap hit balloons to $17.6 million. With just two years left on his deal, most of Bradford's enormous signing bonus has already been counted for on St. Louis's cap. If the Rans were to cut or trade Bradford, they would only incur $7.2 million of dead money charges on their cap next season. That means that moving on from Bradford would release $10.4 million in cap space for the Rams in 2014 while taking Bradford off the cap altogether for 2015. Given that the Rams will have the second pick in a quarterback-laden draft pool, it's hard to imagine they won't move on from their former top pick and find a better use for that $10 million elsewhere on the roster.
Bradford isn't the only veteran with an outsize contract. Cornerback Cortland Finnegan was a prize signing for the Rams from Tennessee just two offseasons ago, but his tenure in St. Louis has been a disaster. Finnegan has played poorly when on the field and has struggled to stay healthy, with a "thigh" injury (NFL code for a hamstring issue) and then a fractured orbital bone sidelining him for most of 2013.
The Rams will have to pay Finnegan a $3 million roster bonus that is guaranteed for injury this offseason, but they still might want to consider releasing him. Finnegan has a $6 million base salary and will cost $10 million (including that roster bonus) on next year's cap. The Rams could release him early in the offseason and save $4 million on their cap in the process, or they could choose to designate him as a post–June 1 release, which would save them $6 million on next year's cap while pushing $2 million of the dead money from Finnegan's deal onto the 2015 salary cap. It would be tough to swallow the hit on Finnegan's contract after paying the Jeff Fisher favorite a whopping $27 million over two years, but those figures are a sunk cost by now. The release would give the Rams valuable cap space to use on a player who can perform better than Finnegan.
Two offensive linemen could also leave town. The Rams could cut ties with guard Harvey Dahl, who is due $4 million that could be saved in full if the team releases him. They might also opt to dump center Scott Wells, who has played just 19 games in his two seasons with the team while breaking his leg and his foot. Releasing Wells would wipe away a $6.5 million cap hold while placing just $2 million in dead money on St. Louis's 2014 cap. In all, releasing Bradford, Dahl, Finnegan, and Wells would combine to likely save the Rams just less than $25 million in salary-cap space for next year.