Dec 19, 2022; Green Bay, Wisconsin, USA; Los Angeles Rams kicker Matt Gay (8) kicks a field goal in the second quarter against the Green Bay Packers at Lambeau Field. Mandatory Credit: Benny Sieu-USA TODAY Sports Benny Sieu-USA TODAY Sports

The Los Angeles Rams have subtracted a lot of players this offseason in order to save some salary cap space, and kicker Matt Gay becomes the latest casualty.

After the Rams let go of long-time kicker Greg Zuerlein in 2020, they struggled to find a replacement until Gay fell into their laps in the middle of the season.

Gay developed into one of the best kickers in the league, kicking the Rams all the way to a Super Bowl in 2021-22 while making 92.5% of his field goals and 97.9% of his extra points in three seasons.

With how much success Gay has had though, he was in for a big payday after reaching free agency this offseason. The Rams chose not to franchise tag him, which wasn’t a surprise, allowing the 28-year-old to hit the open market.

It did not take long for Gay to find a new home in free agency as he is signing a record-breaking contract with the Indianapolis Colts, via Tom Pelissero of NFL Network:

Gay himself took to social media to thank the Rams organization, coaches, teammates and fans for his time in L.A.:

Given the Rams’ lack of cap space, paying a kicker top-of-the-market money was just out of the equation for L.A. this offseason.

With Gay no longer in the mix, the Rams are again forced to find another answer at the kicker position. They could go young by taking someone late in the draft or signing an undrafted free agent, or they could bring in a free agent for cheap the same way they did Gay after he was let go by the Tampa Bay Buccaneers.

The Rams could also be looking for a new punter soon as veteran Riley Dixon is also a free agent and could be in for a solid payday as well. With other holes on the roster though, the Rams are focused on addressing those before thinking about their specialists.

More must-reads:

TODAY'S BEST
Mets stars reportedly had emotional reaction to firing of Buck Showalter
NHL announces 2024 King Clancy Memorial Trophy winner
Cardinals sign first-round DL
Negro League legend finally getting his due as MLB merges stats
Rams sign first-round DE, complete draft class
Steelers QB Justin Fields focusing on 'little things' amid battle with Russell Wilson
Texans sign young offensive star to huge contract extension
Pistons confirm that key RFA forward underwent toe surgery
Pirates place left-hander, catcher on injured list
Mavs get good news on Maxi Kleber ahead of Game 4
Patriots exec discusses team's approach to QB competition
Braves to promote No. 3 prospect for MLB debut Wednesday
Diamondbacks release veteran infielder
Packers' former first-round pick planning to make 'monster leap'
NFLPA finalizing proposal for major change to offseason schedule
LeBron James shouts out Jaylen Brown after Celtics advance to NBA Finals
Pacers collapse down the stretch as Celtics sweep ECF
Hall of Famer, beloved broadcaster Bill Walton dead at 71
Jason Robertson leads Stars to comeback win over Oilers in Game 3
Despite recent form, Rafael Nadal's legacy is still gold standard for tennis