The Rams were able to free up some cap space on Wednesday by restructuring wide receiver Cooper Kupp‘s contract, according to ESPN’s Field Yates. The team has a number of options for how to use that money, and we should see it spent in the coming weeks. 
Kupp signed a three-year, $80.1MM contract extension almost exactly a year prior after winning the 2021 Offensive Player of the Year Award. The Eastern Washington product earned the award for leading the league in all major receiving categories with 145 receptions for 1,947 receiving yards and 16 touchdowns.
The restructured deal converted $13.92MM of Kupp’s base salary into a signing bonus. The move opened up $10.44MM in cap space for Los Angeles. While Kupp’s cap hit for this year reduced by that amount, it still looms large at $17.36MM, and his future cap hits each increased by $3.48MM apiece.
The cap relief leaves the Rams with approximately $10.75MM of cap space for the 2023 season. While many LA fans held hopes that the move to open up space was a signal that the team was gearing up for a run at free agent wide receiver DeAndre Hopkins, they’ll likely end up disappointed. The more likely scenario is that the Rams need that money for players already in-house.
The Rams have a massive 40-man rookie class on their roster this summer. 26 of those rookies were signed as undrafted free agents, but the remaining 14 were draft picks. So far, Los Angeles has only signed four of those draft picks, leaving 10 rookies who still need to sign their initial four-year contracts. After getting those 10 rookies under contract, the team likely won’t have much of that cap space left over.
After missing eight games in 2022, Kupp will attempt a strong comeback in the coming season to live up to his massive contract. In the meantime, the cap space opened up by his restructured deal has some potential in-house responsibilities before the team can go shopping.
King Kupp
If Triple-Crown winner Cooper Kupp comes back and puts up the numbers that he is capable of, does he win Comeback Player of the Year?
All those moves in the past coming back to haunt the Rams…but they won a ring so maybe haunt is too dramatic? How about they had to pay someday, and now it’s time. Owell. Go Rams!!