If the Los Angeles Rams need to get further under the 2024 salary cap by the summer and next season, they have a $10 million option with offensive tackle Joseph Noteboom: Instead of outright releasing him to save $5 million immediately, they can release him with a post-June 1 designation to save $15 million come the summer time.
But there are important rules to remember and factor in when discussing a potential post-June 1 release, perhaps none bigger than this: The money is not available now or during the most important parts of free agency. It is a post-June 1 designation, therefore the Rams do not see the savings until June 1.