Reports: Goff restructures contract, saves Rams $7 million

FILE PHOTO: NFL Football – Cincinnati Bengals v Los Angeles Rams – NFL International Series – Wembley Stadium, London, Britain – October 27, 2019 Los Angeles Rams’ Jared Goff before the match Action Images via Reuters/Andrew Boyers

The Los Angeles Rams restructured the contract of quarterback Jared Goff to save $7 million against this season’s salary cap, ESPN reported Friday.

Spotrac indicates $8.8 million of Goff’s $10 million base salary for 2020 was converted into future bonuses.

Los Angeles was $6 million over the cap before the maneuver, according to ESPN.

Goff said earlier this month that he was willing to restructure his contact. He signed a four-year, $134 million extension prior to the 2019 campaign that kicks in following this season.

“I don’t see why not,” Goff said. “It doesn’t change anything for me and it helps the team out.”

Goff, who was the No. 1 overall pick in the 2016 draft, initially signed a four-year, $27.9 million deal. The Rams later exercised his fifth-year option for 2020 at $22.78 million.

Goff has passed for 14,219 yards, 87 touchdowns and 42 interceptions in 54 games (all starts) over his first four NFL seasons. He threw for 4,638 yards, 22 touchdowns and a career-worst 16 interceptions last season.

—Field Level Media

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source: reuters.com