The 49ers enter the day with $3.846 million in cap space
. That figure includes kicker Phil Dawsonâs reported two-year, $6.134 million contract, which includes a $2 million signing bonus and a first-year cap figure of $2 million
The 49ersâ cap situation should not be a deterrent toward getting veteran deals done with a wide receiver and cornerback. The team has the option of approaching any number of veteran players for contract conversions to replace base salaries with signing bonuses to create immediate cap room.
Because the 49ers released cornerback Carlos Rogers with a post-June 1 designation, they will carry his entire $8.094 million cap figure until that time. Only then, will the team realize its $6.6 million cap savings on Rogersâ contract