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Rams get extra $3 million in salary-cap space

The SportsXchange

EARTH CITY, Mo. -- The St. Louis Rams will have an extra $3 million in salary-cap space this year thanks to the offset language written into cornerback Cortland Finnegan's contract and the fact his new contract with the Miami Dolphins calls for $5.5 million to be paid this year. Of course, he will only net $2.5 million of that.

Finnegan's Rams contract included a guaranteed roster bonus of $3 million for 2014, but would be offset if he was released by what he earns this year.

His two-year deal with the Dolphins totals $11 million and includes a $2 million signing bonus, $3.5 million guaranteed salary in 2014, $5.45 million salary in 2015 and workout bonuses of $25,000 each year.

It would seem the Rams should get an immediate cap credit of at least $2 million for the signing bonus, but might have to wait for the remaining $1 million until he is actually paid even though it is guaranteed.

A Rams source said it "yet to be determined" when the credit will occur, while adding, "The timing isn't really relevant since we know we will get it at some point."

Howard Balzer is an award-winning writer and broadcaster who has covered the National Football League for more than three decades and is a member of the Pro Football Hall of Fame Selection Committee. He is a national columnist for The Sports Xchange and co-host on SiriusXM NFL Radio.
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