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Kelley L Cox-USA TODAY Sports

Kelley L Cox-USA TODAY Sports


Details on Jerick McKinnon’s restructured contract with 49ers emerge

Mar 19, 2020 at 2:34 PM--


The San Francisco 49ers gained some salary-cap relief this week by restructuring the contract of running back Jerick McKinnon, who has failed to play a regular-season snap with the team over the last two seasons.

McKinnon, 27, signed a four-year, $30 million deal with the 49ers in 2018. He was set to count $8.55 million against the salary cap in 2020. The final year of that deal has been eliminated, essentially making it a one-year contract.

Below is the contract breakdown of McKinnon's restructured deal, courtesy of OverTheCap.com. The $4 million remaining from his initial contract's signing bonus has been spread out over the next two years, which is why you see information for 2021.

2020:
$910,000 base salary
$2 million prorated bonus
$250,000 per-game roster bonus ($15,625 per game)
$2.91 million salary-cap hit

2021:
No base salary
$2 million prorated bonus
$2 million salary-cap hit



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