The Rams can cut Floyd any time they want and call it a post-June-1 cut to get the benefit. And they would probably do that if they wanted to cut him so he would have a better chance of signing with another team. (This is different from a post-June-1 trade, which actually has to happen after June 1.)
Technically the Rams don't save any cap space with a post-June-1 cut. It is true that there is less of a cap hit in 2023, but those savings get charged to the 2024 cap. It's the same cap hit either way, just accounted for differently.
Edit: If the Rams cut Floyd before June 1 they would have a cap savings of $3M in 2023. But if that's a post-June 1 cut the Rams would get $15.5M in cap relief in 2023 but carry $12.5M in dead money against the 2024 cap. (A total of $3M in cap savings either way ...)
AlbaNY_Ram
Edited 1 time(s). Last edit at 12/01/2022 07:47AM by AlbaNY_Ram.
