The deal comes as a surprise in that the Rams had signed Ogletree, who was a two-time captain with the team, to a four-year, $42.75 million contract extension last October.
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The Rams will receive a 4th and 6th round pick in return for Ogletree, 26.
The Los Angeles Rams continue to be extremely active on the trade front leading up to the start of free agency next week.
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The New York Giants finally addressed the linebacker position this offseason with the trading for Alec Ogletree. The Giants have struggled badly to cover tight ends the past few years. Last year alone, the former first-round pick recorded 95 tackles and 10 passes defended in what was the best performance of his five-year National Football League career.
The Rams created $5.2 million in 2018 cap space by trading Ogletree and are now approaching $50 million, with approximately double that cap space in 2019.
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They weren't able to do that consistently (see the second half of the AFC Championship Game in New England). Given the lack of stars at the position on the open market, many teams figure to make a run at signing him.
The departure of Ogletree is a significant hit to the Rams' linebacker core that has already lost Quinn and has outside linebacker Connor Barwin set to hit the free agent market. They might really like Penn State running back Saquon Barkley and could trade down from that second overall selection. He had 231 tackles and two sacks over the last two season with the Rams.