Jerome Miron-USA TODAY Sports

Jerome Miron-USA TODAY Sports


Jets claim KD Cannon and his contract off waivers

May 9, 2017 at 1:46 PM--


Highly sought-after undrafted free agent wide receiver KD Cannon, who played college football at Baylor, was signed by the San Francisco 49ers following the 2017 NFL Draft. He was then released on Sunday, the final day of the 49ers' three-day rookie minicamp.

The roster move was a surprising one because Cannon signed a contract with the team that guaranteed the receiver $45,000, which included a $5,000 signing bonus. That was seen as wasted money by many within the media. However, as Matt Maiocco of NBC Sports Bay Area pointed out on Tuesday, the 49ers may not be completely responsible for that amount – depending on what happened with the wide receiver.

"If Cannon ends up on a 53-man roster – or even five weeks on a team's practice squad – and earns $40,000 or more from another NFL team this season, the 49ers will not owe him another penny," Maiocco wrote.

"If another team claims him before the deadline on Tuesday at 1 p.m. (PT), the new team will pick up the contract and the 49ers are off the hook for everything but the original $5,000 signing bonus," Maiocco added.

That second part is exactly what happened on Tuesday. According to Aaron Wilson of The Houston Chronicle, the New York Jets have claimed Cannon off of waivers. That means the 49ers will only be responsible for the $5,000 signing bonus.


Cannon was a 1,000-yard receiver and honorable mention All-Big 12 and consensus Freshman All-American in his rookie year. He had 58 catches for 1,030 yards and eight touchdowns in seven starts that season. In 2016, he had 87 catches for 1,215 yards and 13 touchdowns.

Related News







More San Francisco 49ers News



Yes, the 49ers Can Afford to Acquire and Pay Jets Safety Jamal Adams

By Levin T. Black
Jul 12, 2020

Hey, not sure if you've heard but All-Pro strong safety Jamal Adams of the New York Jets is demanding a trade and the San Francisco 49ers are reportedly interested. Oh, it's been all over Twitter and the sports talk shows for the past few weeks and is literally the only newsworthy topic to discuss until training camp? Ah well, why not look at whether it is even feasible? The 49ers being interested in acquiring a top player shouldn't be news. This regime is ALWAYS interested and will kick the tires. General manager John Lynch inquired about trading for Tom Brady from the New England Patriots THREE years ago. The team pursued Odell Beckham Jr. and others as well. The 49ers are going to at least make a call to find out the price on any top player who has some chance of being

Read the Full Article


Rumor: 49ers, Seahawks had 'preliminary discussions' with Jets about Jamal Adams

By David Bonilla
Jul 9, 2020

For now, file this one under "rumors" because this report hasn't yet been validated by any other media outlet. That could change, though. A Seattle Seahawks reporter for Sports Illustrated named Corbin Smith states that, per multiple sources, the Seahawks have inquired about New York Jets safety Jamal Adams. He also mentioned the San Francisco 49ers as a team that has "had preliminary discussions" with the Jets about the disgruntled defender who seeks to become the highest-paid safety in football. It isn't uncommon for NFL teams to inquire about players who may be

Read the Full Article


Barrows: 'Someone in the know' feels George Kittle, 49ers could land on a contract worth $13 million a year

By David Bonilla
Jul 1, 2020

There has been a lot of speculation surrounding the long-term contract for San Francisco 49ers tight end George Kittle. Some even feel a new deal could fetch the All-Pro an annual salary up to $20 million. Naturally, when one person starts talking about those kinds of numbers, everyone does. That would shatter the ceiling of the tight end market. Right now, the top salaries for the position group remain under $11 million. To nearly double that when next year's salary cap situation remains uncertain might not be in the San Francisco 49ers' best interests, and at least one person doesn't believe it will come to that. "I recently spoke with someone

Read the Full Article

Featured

More Featured Stories

Trending News

More News
Share 49erswebzone