Updated look at the what the 49ers 2023 salary cap situation would look like with 3 reported restructures

I recently went over this, but the reports out there are that the 49ers will restructure the contracts of defensive tackle Arik Armstead, middle linebacker Fred Warner, and cornerback Charvarius Ward, which saves the team $31.42 million in salary cap room, so let’s look at what the 49ers 2023 salary cap situation would look like, including potential RFA tenders.

First off, the 49ers have 49 players signed for 2023, with a projected $7,242,463 in cap room under their $237,520,268 adjusted cap, but that’s with only 49 players signed, so if they were to sign 2 more players making $750,000 minimum, they’d be at most $5,742,463 under that adjusted cap.

Now, those players will most likely be their RFAs, left tackle/right tackle Colton McKivitz, defensive tackle Kevin Givens, and strongside linebacker Demetrius Flannigan-Fowles, and they’d cost $2.743 million for McKivitz, and $2.627 million for Givens, & Flannigan-Fowles.

If we add in those 3 players, the 49ers would have 52 players signed/tendered, leaving them $245,463 under their adjusted cap, but this is before the likely restructures of Armstead, Warner, & Ward, which would give the team $31,235,463 in salary cap room to spend on free agents, and their draft class.

The 49ers would have the following 52 players signed/tendered for 2023, with their 2023 cap number.

1. QB 5 Trey Lance(2024)- $9,301,434
2. QB 13 Brock Purdy(2025)- $889,253
3. RB 23 Christian McCaffrey(2025)- $12,000,000
4. RB 25 Elijah Mitchell(2024)- $985,893
5. RB 32 Tyrion Davis-Price(2025)- $1,161,033
6. RB 24 Jordan Mason(2024)- $873,333
7. FB 44 Kyle Juszczyk(2025)- $6,565,221
8. WR 19 Deebo Samuel(2025)- $8,653,529
9. WR 11 Brandon Aiyuk(2023)- $3,987,248
10. WR 15 Jauan Jennings(2023)- $940,000
11. WR/KR/PR 3 Ray-Ray McCloud III(2023)- $2,090,000
12. WR 6 Danny Gray(2025)- $1,146,569
13. WR 86 Tay Martin(2023)- $750,000
14. WR 84 Dazz Newsome(2023)- $870,000
15. WR – Tyron Johnson(2023)- $1,010,000
16. TE 85 George Kittle(2025)- $18,033,751
17. TE 89 Charlie Woerner(2023)- $1,055,258
18. C 67 Keith Ismael(2023)- $940,000
19. LG 65 Aaron Banks(2024)- $1,929,166
20. LG 63 Nick Zakelj(2025)- $917,590
21. RG 74 Spencer Burford(2025)- $1,038,014
22. RG 62 Jason Poe(2023)- $750,000
23. LT 71 Trent Williams(2026)- $27,227,424
24. LT 78 Leroy Watson(2023)- $750,000
25. LT/RT 68 Colton McKivitz(2023)- $2,743,000
26. RT 76 Jaylon Moore(2024)- $1,020,759
27. RT 77 Alfredo Gutierrez(2023)- $750,000
28. DE 97 Nick Bosa(2023)- $17,859,000
29. DE 95 Drake Jackson(2025)- $1,339,180
30. DE 58 Alex Barrett(2023)- $870,000
31. DT 91 Arik Armstead(2024)- $12,213,059
32. DT/NT 99 Javon Kinlaw(2023)- $4,928,223
33. DT/NT 90 Kevin Givens(2023)- $2,627,000
34. NT 93 Kalia Davis(2025)- $783,003
35. SLB 45 Demetrius Flannigan-Fowles(2023)- $2,627,000
36. SLB 40 Marcelino McCrary-Ball(2023)- $750,000
37. WLB 57 Dre Greenlaw(2024)- $5,648,558
38. WLB 59 Curtis Robinson(2023)- $940,000
39. MLB 54 Fred Warner(2026)- $9,049,000
40. MLB 48 Oren Burks(2023)- $2,773,000
41. CB 7 Charvarius Ward(2024)- $6,421,000
42. CB 20 Ambry Thomas(2024)- $1,305,232
43. CB 38 Deommodore Lenoir(2024)- $1,011,217
44. CB 26 Samuel Womack III(2025)- $940,831
45. CB 43 Qwuantrezz Knight(2023)- $750,000
46. CB – A.J. Parker(2023)- $940,000
47. CB – Tre Swilling(2023)- $750,000
48. FS 41 Tayler Hawkins(2023)- $750,000
49. SS 29 Talanoa Hufanga(2024)- $1,000,038
50. SS 30 George Odum(2024)- $2,340,000
51. P 18 Mitch Wishnowsky(2026)- $1,700,000
52. LS 46 Taybor Pepper(2025)- $1,225,000

The 49ers have the following free agents to be on March 15th.

UFA:
QB Jimmy Garoppolo
QB Josh Johnson
TE Ross Dwelley
TE Tyler Kroft
TE Jordan Matthews
C Jake Brendel
RG Daniel Brunskill
RT Mike McGlinchey
DE Jordan Willis
DE Samson Ebukam
DE Kerry Hyder Jr.
DE Charles Omenihu
DT T.Y. McGill Jr.
DT Maurice Hurst Jr.
NT Hassan Ridgeway
SLB Azeez Al-Shaair
CB Emmanuel Moseley
CB Jason Verrett
FS Jimmie Ward
FS Tashaun Gipson Sr.
FS Tarvarius Moore
PK Robbie Gould

Of course, restructuring Armstead, Warner, & Ward would have consequences on the 2024 salary cap, as they would lose $7.81 million in 2024 salary cap space, but that really isn’t a worry, as players like defensive tackle Arik Armstead, weakside linebacker Dre Greenlaw, & cornerback Charvarius Ward will all be in their final year of their deals being in 2024.

And by extending the above they’d save $12.96 million for Armstead, $5.58 million for Greenlaw, and $9.148 million for Ward, which would be a total of $27.688 million, and they can also restructure wide receiver Deebo Samuel and save $15,877,600, for a total savings of $43,565,600.

Now, that doesn’t include wide receiver Brandon Aiyuk’s 5th-year option, or defensive end Nick Bosa’s pending extension, which would be worth $14.124 million for Aiyuk, and I estimate around $12 million to $14 million cap number for Bosa in 2024, leaving the 49ers with $15,441,600 in extra cap space, on top of $14,863,379 that they’d have by just restructuring Arik Armstead, Fred Warner, & Charvarius Ward this offseason, giving them over $30.304 million in salary cap room, with 30 players signed, and $13,609,979 with 51 players signed, but this also doesn’t include any 2023 free agent signings, or draft picks for 2023 & 2024.

The 49ers would have the following 30 players signed for 2024, with their 2024 cap number listed, including the reported potential 3 restructures, but not any 2024 restructures, or extensions.

1. DT 91 Arik Armstead(2024)- $28,811,000
2. WR 19 Deebo Samuel(2025)- $28,572,000
3. LT 71 Trent Williams(2026)- $28,009,777
4. MLB 54 Fred Warner(2026)- $24,469,000
5. TE 85 George Kittle(2025)- $19,842,575
6. CB 7 Charvarius Ward(2024)- $17,901,000
7. WR 11 Brandon Aiyuk(2024)- $14,124,000
8. DE 97 Nick Bosa(2028)- $14,000,000 (projection)
9. RB 23 Christian McCaffrey(2025)- $12,000,000
10. QB 5 Trey Lance(2024)- $10,851,673
11. WLB 57 Dre Greenlaw(2024)- $9,632,382
12. FB 44 Kyle Juszczyk(2025)- $7,588,750
13. P 18 Mitch Wishnowsky(2026)- $2,825,000
14. LG 65 Aaron Banks(2024)- $2,250,694
15. SS 30 George Odum(2024)- $1,625,000
16. DE 95 Drake Jackson(2025)- $1,590,561
17. CB 20 Ambry Thomas(2024)- $1,425,154
18. RB 32 Tyrion Davis-Price(2025)- $1,393,240
19. WR 6 Danny Gray(2025)- $1,375,883
20. LS 46 Taybor Pepper(2025)- $1,300,000
21. RG 74 Spencer Burford(2025)- $1,153,014
22. RT 76 Jaylon Moore(2024)- $1,135,759
23. CB 38 Deommodore Lenoir(2024)- $1,126,217
24. SS 29 Talanoa Hufanga(2024)- $1,115,038
25. RB 25 Elijah Mitchell(2024)- $1,100,893
26. CB 26 Samuel Womack III(2025)- $1,055,831
27. LG/C 63 Nick Zakelj(2025)- $1,032,590
28. NT 93 Kalia Davis(2025)- $1,018,003
29. QB 13 Brock Purdy(2025)- $1,004,253
30. RB 24 Jordan Mason(2024)- $988,334

So, the 49ers will be just fine when it comes to 2024, even if they do restructure all 3 of the reported players(Arik Armstead, Fred Warner, & Charvarius Ward), due to being able to extend the 3 players I mentioned(Arik Armstead, Dre Greenlaw, & Charvarius Ward), so don’t worry about 2024 when it comes to this offseason roster moves.

I also want to mention that Jauan Jennings will be a restricted free agent in 2024, and if the cap is indeed $256 million, he would likely get the 2nd-round tender, which would be worth $4.901 million.

Also, the 49ers will have the base salaries of several 2021 draft picks increase due to the Proven Performance Escalator, those will likely be Aaron Banks, Deommodore Lenoir, and Elijah Mitchell, while Talanoa Hufanga already is guaranteed to see his 2024 base salary escalate, as he was named to the Pro Bowl this past season, which means his salary will go up to the 2nd-round tender, which would, again, be worth $4.901 million, while the other 3 would likely get the original round tender, which isn’t known just yet, as OverTheCap.com doesn’t have the original round tender number listed.

Anyway, there you have it, an updated look at the 49ers 2023 salary cap situation with the 3 reported potential restructures, plus a look at 2024, so please consider following me on Twitter @49erscap for more salary cap information, and tidbits.

About Author

Jason Hurley

Die Hard 49ers fan from New York, been covering the 49ers salary cap since 2005, with several different websites, including NinersNation.com, & the now defunct NinerCapHell, I have a track record of being as accurate as possible, I try to be as thorough as possible, and you can find me on X/Twitter @49erscap, & on Blue Sky App @49erscap.bsky.social.

See author's posts