An updated look at the 49ers 2024 salary cap situation

With the NFL officially setting the 2024 salary cap at $255.4 million, and the 49ers released cornerback Isaiah Oliver, it’s time to take an updated look at the 49ers 2024 cap situation.

The 49ers have 56 players signed, accounting for $291,691,903, plus $9,145,613 in dead money, for a total cap commitment of $300,836,516, which would put the 49ers just $1,107,234 over their projected adjusted cap of $295,755,281, which includes the $255.4 million base cap, carryover amount of $36,395,265, and projected adjustment amount of $3,960,016.

Below are the 56 players signed, with their 2024 cap number.

1. LT 71 Trent Williams(2026)- $31,568,542
2. WR 19 Deebo Samuel(2025)- $28,633,765
3. DT 91 Arik Armstead(2024)- $28,353,236
4. MLB 54 Fred Warner(2026)- $24,469,000
5. TE 85 George Kittle(2025)- $21,986,575
6. CB 7 Charvarius Ward(2024)- $18,401,000
7. NT 98 Javon Hargrave(2026)- $15,430,882
8. DE 97 Nick Bosa(2028)- $14,671,000
9. RB 23 Christian McCaffrey(2025)- $14,144,000
10. WR 11 Brandon Aiyuk(2024)- $14,124,000
11. WLB 57 Dre Greenlaw(2024)- $9,602,970
12. FB 44 Kyle Juszczyk(2025)- $7,588,750
13. SS 29 Talanoa Hufanga(2024)- $4,950,038
14. C 64 Jake Brendel(2026)- $4,692,000
15. LG 65 Aaron Banks(2024)- $3,741,110
16. RT 68 Colton McKivitz(2024)- $3,641,000
17. CB 2 Deommodore Lenoir(2024)- $3,187,217
18. P 18 Mitch Wishnowsky(2026)- $2,825,000
19. SS 30 George Odum(2024)- $1,625,000
20. DE 95 Drake Jackson(2025)- $1,607,016
21. CB 20 Ambry Thomas(2024)- $1,425,154
22. WR 6 Danny Gray(2025)- $1,375,883
23. LS 46 Taybor Pepper(2025)- $1,300,000
24. FS 27 Ji’Ayir Brown(2026)- $1,226,319
25. PK 4 Jake Moody(2026)- $1,205,473
26. TE 81 Cameron Latu(2026)- $1,205,473
27. RG 74 Spencer Burford(2025)- $1,153,014
28. RT 76 Jaylon Moore(2024)- $1,135,759
29. RB 25 Elijah Mitchell(2024)- $1,100,893
30. CB 0 Samuel Womack III(2025)- $1,055,831
31. WLB 59 Curtis Robinson(2024)- $1,055,000
32. LG 63 Nick Zakelj(2025)- $1,032,590
33. NT 93 Kalia Davis(2025)- $1,018,003
34. QB 13 Brock Purdy(2025)- $1,004,253
35. CB 28 Darrell Luter Jr.(2026)- $993,378
36. RB 24 Jordan Mason(2024)- $988,334
37. CB 38 Kemon Hall(2024)- $985,000
38. SS 35 Erik Harris(2024)- $985,000
39. DT 96 T.Y. McGill Jr.(2024)- $985,000
40. DE 40 Austin Bryant(2024)- $985,000
41. DE 51 Robert Beal Jr.(2026)- $976,245
42. SLB 53 Dee Winters(2026)- $948,333
43. TE 9 Brayden Willis(2026)- $934,975
44. WR 10 Ronnie Bell(2026)- $934,446
45. MLB 50 Jalen Graham(2026)- $934,446
46. DE 67 Sam Okuayinonu(2024)- $915,000
47. DE 58 Alex Barrett(2024)- $915,000
48. DE — Earnest Brown IV(2024)- $915,000
49. DT — Raymond Johnson III(2024)- $915,000
50. LT 60 Sebastian Gutierrez(2024)- $915,000
51. TE 88 Jake Tonges(2024)- $915,000
52. DT 69 Spencer Waege(2024)- $795,000
53. WR 86 Tay Martin(2024)- $795,000
54. FS 41 Tayler Hawkins(2024)- $795,000
55. C 61 Corey Luciano(2024)- $795,000
56. LT — Isaac Alarcón(2024)- $795,000

Now, the 49ers will need to create salary cap room in order to be able to sign any free agents, and their draft class, with the options below.

RB Christian McCaffrey – $8,472,000 (Restructure)

WR Deebo Samuel – $15,877,600 (Restructure)

TE George Kittle – $9,752,000 (Restructure)

LT Trent Williams – $15,072,000 (Restructure)

DT Arik Armstead – $12,960,000 (Extension or Restructure)

MLB Fred Warner – $11,340,000 (Restructure)

WLB Dre Greenlaw – $5,580,000 (Extension or Restructure)

CB Charvarius Ward – $9,148,000 (Extension or Restructure)

With the cap coming in much higher than originally expected, I only expect the 49ers to restructure Deebo Samuel’s deal to save $15,877,600, I also expect them to tender RFA wide receiver Jauan Jennings to the 2nd-round tender level, which is worth $4.89 million, leaving the team with $10,795,366  in cap room to begin the 2024 offseason.

Now, the 49ers could save a ton of cap room by extending the likes of defensive tackle Arik Armstead, weakside linebacker Dre Greenlaw, and cornerback Charvarius Ward, which combines for $27.668 million, but with Greenlaw’s achilles injury, it’s unlikely the team extends him until they see him back in action, at least practicing.

I wouldn’t expect the 49ers to make a huge splash in free agency, something more along the lines of a Charvarius Ward level player, someone up-and-coming, & also younger.

We should find out more over the next few weeks as to what the 49ers official adjusted salary cap will be, but the last matter of business is the 49ers extending wide receiver Brandon Aiyuk.

With that said, thank you for reading, and follow me on X/Twitter @49erscap.

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.

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