Kupp agreed Wednesday with the Rams to convert $13.92 million of his 2023 salary into a signing bonus, which frees up $10.44 million against the team's salary cap during the upcoming season, Cameron DaSilva of USA Today reports.
Previously, the Rams had just $1.3 million in cap space, but the move gives the team some flexibility to add some free-agent depth as well as sign its 2023 draft class. Kupp, who is working his way back from a tightrope procedure to address the ankle injury he sustained in Week 10 last season, continues to make progress and was able to participate in jog-through installations and individual drills during Tuesday's minicamp practice, per Jourdan Rodrigue of The Athletic. Though he was limited to nine games last season, Kupp still led the Rams with 812 receiving yards on 75 catches to go along with seven total touchdowns.