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Higbee is in the final year of a two-year, $17 million pact. The Rams can cut Higbee after June 1 and save $6.7 million in savings with $2.1 million in dead money.
Higbee, 32, was drafted by the Rams in the fourth round out of Western Kentucky in 2016. He signed a four-year $2.92 million rookie contract, including a $580,860 signing bonus.
Over the years, Higbee has played in 125 games, and has totaled 353 receptions, that have totaled for 3,602 yards, with an average reception going for 10.2 yards.