The Rams ate $20.15 million in dead money by releasing Todd Gurley on Thursday, a move that shocked the football world. Designating him a post-June 1 cut allowed the Rams to spread his remaining money over the next two seasons, but it’s still a tough pill for the team to swallow.
They did catch a break with Gurley landing in Atlanta, though, as he agreed to a one-year deal with the Falcons. Thanks to the offset language in his contract, the Rams will save $2.5 million because he signed with another team.
Gurley will still get $7.5 million from the Rams in addition to $6 million from the Falcons, while $2.5 million will come off of his income in 2020. That puts his total earnings for next season at $11 million.
Over The Cap has the Rams with $13.65 million in cap space, but that doesn’t include the $5.5 million in savings that will come on June 2 with Gurley being released. It also doesn’t include the additions of A’Shawn Robinson and Leonard Floyd.
Clay Matthews was cut and currently accounts for $2 million in dead money, but the Rams can recoup that money if he signs with another team for at least that amount, just as they will with Gurley.
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