With Nick Bosa’s extension now officially signed, and the 49ers currently having over $42 million in cap room, I think it’s time to breakdown the 49ers’ 2024 salary cap situation.<\/p>\n
Right now, the team has 42 players signed for 2024, accounting for $273,279,315, plus $7,233,961 in dead money, for a total commitment of $280,513,276, putting the team $24,513,276 over the projected 2024 cap of $256 million, but that’s with 42 players signed, and with enough players for the top 51 rule, they’d be $31,668,276 over that projected cap.<\/p>\n
Now, let’s first take a look at the 42 players signed, with their 2024 cap number.<\/p>\n
I also need to mention that the 49ers have 4 players that could\/will see base salary increases, Elijah Mitchell, Aaron Banks, Deommodore Lenoir, and Talanoa Hufanga, with Hufanga already guaranteed to see his base salary escalate to the 2nd<\/sup>-round RFA tender level, which would be $4.901 million.<\/p>\n Now, for Mitchell, Banks, & Lenoir, they would likely see their base salaries escalate to the original round tender level, which is projected to be $3.124 million, so all in all, that\u2019s an extra $9,533,416 added to team commitments, putting them $34,046,692 over with 42 players signed, and $41,201,692 over with 51 players signed.<\/p>\n Now, as I stated in the beginning, the 49ers have over $42 million in cap room right now, and I expect them to carryover at least $35 million of that, with the other $7 million being used for in season roster moves, meaning the team would be $953,308 under the projected 2024 cap of $256 million, with 42 players signed, and with 51 signed, they’d be $6,201,692 over the projected cap.<\/p>\n Now, the team has ways to make extra cap room, with them listed below.<\/p>\n RB Christian McCaffrey \u2013 $8,472,000 (Restructure)<\/p>\n WR Deebo Samuel \u2013 $15,877,600 (Restructure)<\/p>\n TE George Kittle \u2013 $9,752,000 (Restructure)<\/p>\n LT Trent Williams \u2013 $15,072,000 (Restructure)<\/p>\n DT Arik Armstead \u2013 $12,960,000 (Extension or Restructure)<\/p>\n MLB Fred Warner \u2013 $11,340,000 (Restructure)<\/p>\n WLB Dre Greenlaw \u2013 $5,580,000 (Extension or Restructure)<\/p>\n CB Charvarius Ward \u2013 $9,148,000 (Extension or Restructure)<\/p>\n Now, if I’m the 49ers I try to extend the contracts of Arik Armstead, Dre Greenlaw, & Charvarius Ward, saving the team $27.668 million, along with restructuring Deebo Samuel’s deal, saving $15,877,600, for a total savings of $43,545,600, leaving the 49ers $44,498,908 under the projected 2024 cap with 42 players signed, and with 51 signed, they’d be $37,343,908 under, so more than enough money to replace any veterans the team losses in free agency, or potentially make another splash move.<\/p>\n I expect the team to tender Jauan Jennings at the 2nd-round level as a RFA, which would be $4.901 million, leaving the team $40,392,908 under with 43 players signed, or $32,442,908 under with 51 players signed.<\/p>\n I should mention that Armstead, Greenlaw, and Ward currently are set to count $29,709,766 in 2025 in dead money, so I am confident that the team can get those 3 players to count in that area in 2025 on new contracts, maybe even lower.<\/p>\n The team should also look to extend the contracts of Brandon Aiyuk, Aaron Banks, Deommodore Lenoir, & Talanoa Hufanga, which would save the team some cap room, but the team will have salary cap room to carryover into 2025.<\/p>\n And there you have it, a breakdown of the 49ers 2024 salary cap situation, now enjoy the rest of the season, especially after the dominate win in Pittsburgh today, and let’s hope for Lombardi trophy #6.<\/p>\n