Report: Deebo, 49ers restructure contract to create cap space originally appeared on NBC Sports Bay Area
The 49ers continued their quest to create additional 2024 salary-cap space on Tuesday, reportedly restructuring star wide receiver Deebo Samuel‘s contract after also making alterations to defensive tackle Maliek Collins’ deal.
Samuel and the 49ers agreed to a restructure that creates an additional $16.4 million in cap space, ESPN’s Field Yates reported Tuesday.
The 49ers restructured the contract of WR Deebo Samuel, creating $16.4M in cap space.
The Ravens restructured the contracts of DT Nnamdi Madubuike, K Justin Tucker and LB Roquan Smith, creating $9.3M in cap space.
The Jets restructured the contracts of LB Quincy Williams and…
— Field Yates (@FieldYates) September 3, 2024
Samuel is entering the second season of a three-year, $71 million contract extension he signed in July 2022.
The All-Pro wideout had 60 receptions for 892 yards and seven receiving touchdowns in 15 appearances during the 2023 NFL season, adding another 225 yards and five scores on the ground.
After locking down Brandon Aiyuk and Trent Williams for the foreseeable future, San Francisco now has amassed a whopping $49,517,663 in available cap space, per Over the Cap, giving the 49ers a viable path to roll that money over into next offseason when quarterback Brock Purdy will be eligible to sign a lucrative extension.
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