The Los Angeles Rams have informed veteran wide receiver Cooper Kupp that he will be released Wednesday afternoon according to Tom Pelissero of NFL Network.

The new league year begins at 4PM ET today and the official announcement will likely come then.  Waiting until the start of the league year to release Kupp allows the Rams to designate him as a post-June 1 cut. Doing so would clear $15 million in cap space later this year while passing on the designation would leave $22.26 million in dead money and clear $7.52 million in cap space.

Kupp was a 2017 third-round pick and he caught 634 passes for 7,776 yards and 57 touchdowns over the course of his time in Los Angeles. He was the offensive player of the year in 2021 and won Super Bowl LVI MVP when the Rams beat the Bengals at the end of that season.

Although his last couple of years have been plagued by injury, Kupp should br in much demand on the free agent market.