49ers Salary Cap: Team's Financial Situation Unveiled
2024 Salary Cap Breakdown
The San Francisco 49ers have been making strategic moves to create salary cap flexibility for the 2024 season. The team's current salary cap for 2023 stands at $178.77 million, with approximately $42 million in cap space available for the upcoming season.
Restructuring Contracts
To create cap space, the 49ers have restructured the contracts of key players such as George Kittle, Javon Hargrave, and Fred Warner. These moves have provided the team with additional funds to address other financial obligations without sacrificing their overall salary structure.
Nick Bosa's Contract
In a landmark deal, the 49ers awarded Nick Bosa the largest contract for a non-quarterback in NFL history. This hefty contract reflects Bosa's exceptional performance and the team's commitment to retaining one of its most talented players.
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