Contest: Make your Week 1 picks! →
placeholder image

Stan Szeto-USA TODAY Sports

49ers gain about $17 million in cap space

Jun 1, 2024 at 7:34 AM

Videos are auto-populated by an affiliate. This site has no control over the videos that appear above.
The San Francisco 49ers owned about $8.24 million in salary cap space yesterday, per Today, that number jumped to an initial estimate of $25.25 million. This substantial increase is due to the team gaining roughly $17 million in salary-cap savings by designating Arik Armstead as a June 1 cut.

Update: Armstead's release was designated a post-June 1 move, which means the salary cap impact occurs on June 2. However, it seems has simply already made the adjustment to their figures.

Armstead's release was officially announced on March 13, and the defensive lineman was able to immediately sign with another team. Armstead's departure results in about $10.3 million in dead money for 2024 and approximately $15.5 million in 2025, per However, his release provided the 49ers with much-needed salary cap flexibility.

San Francisco initially attempted to restructure Armstead's contract to reduce his salary, but an agreement couldn't be reached, leading to the decision to part ways with the defensive lineman.

RELATED The Free Agent the 49ers Must Sign After June 1

Armstead later signed a three-year, $43.5 million deal with the Jacksonville Jaguars and shared insights into his negotiations with the 49ers, stating that the team initially indicated it wanted to sign him to an extension.

"And so they extended an offer to me of $6 million for a one-year deal with incentives to go up to, like, eight," Armstead revealed. "And when they sent that over, I did feel extremely disrespected. I don't feel that level of compensation is nowhere near the type of player that I am. And not even just the type of player that I am, what I have committed to the game, what I've committed to my team, what I've committed to the organization in my community."

Armstead expressed disappointment with the 49ers' offer, stating, "So I didn't feel like that offer was anywhere near the level of compensation for a player like me. And so, in that moment, it was definitely tough. I had to make some decisions."

Parting ways with Armstead was a difficult decision for the 49ers, especially given his status as the longest-tenured player on the roster.

"It was real tough," head coach Kyle Shanahan said in March. "I mean, we've been with Arik since we've been here, and I know he was here a couple of years before us, so it wasn't something we really wanted to happen. It's one of the tough things when trying to keep a team together, and just where it goes with the salary cap and stuff."

The 49ers could gain even more cap space by signing wide receiver Brandon Aiyuk to a contract extension. Currently set to earn $14.124 million this season on a team-exercised fifth-year option, restructuring his contract could move some of that money into future years. Paying a significant portion of a new deal upfront through a signing bonus, which can be spread throughout the length of the contract, and even further using void years, if necessary.

San Francisco will likely try to hold onto as much cap space as possible, as any surplus from 2024 can be carried over into 2025.
Enjoy this article? Follow us to never miss more!

Powered by


More San Francisco 49ers News

placeholder image

Salary cap experts project 49ers WR Brandon Aiyuk's contract value

By David Bonilla
Jul 17

Brandon Aiyuk reportedly seeks a contract extension that will pay him around $30 million annually. The San Francisco 49ers have reportedly offered the wide receiver a deal averaging about $26 million annually. Currently, Aiyuk is slated to earn $14.124 million on a...

placeholder image

Steve Young: 'Elite' 49ers QB Brock Purdy will only get better

By David Bonilla
Jul 12

Steve Young believes NFL quarterbacks need significant support to succeed, and few have as much talent around them as San Francisco 49ers signal-caller Brock Purdy. Some critics argue that Purdy's success is primarily due to the playmakers around him. However, Young considers...

placeholder image

ESPN: 49ers' George Kittle the NFL's most well-rounded tight end, but not the best

By David Bonilla
Jul 12

George Kittle is coming off his third career season surpassing 1,000 receiving yards. However, simply looking at his statistics doesn't provide a complete picture of what the tight end means to the San Francisco 49ers. Kittle earned Pro Football Focus' highest overall grade...

placeholder image

49ers reporter predicts which six wide receivers make team's 53-man roster

By Marc Adams
Jul 14

It's almost time for NFL training camps to begin. San Francisco 49ers rookies report this coming week, with the veterans reporting the following week. It's a time when camp battles begin heating up and discussions ensue about which players will make the final 53-man roster. One...


Trending News

Share 49ersWebzone