LISTEN: Reacting to John Lynch & Kyle Shanahan Presser + Injury Concerns Ahead of Camp →
placeholder image

Stan Szeto-USA TODAY Sports


49ers create $7.46 million in 2024 cap savings with Christian McCaffrey’s deal

Jun 4, 2024 at 3:12 PM


Videos are auto-populated by an affiliate. This site has no control over the videos that appear above.
San Francisco 49ers running back Christian McCaffrey was set to earn a base salary of $11.8 million this year and $12 million next year, with cap hits of approximately $14.14 million in 2024 and $14.34 million in 2025. The 49ers reworked his deal, signing the versatile offensive weapon to a two-year extension that keeps him under contract through the 2027 season.

RELATED Christian McCaffrey: 'I'm really fired up that I'm staying'

While Pro Football Talk reported that McCaffrey will now earn $62.2 million over the next four seasons, the contract details are essential, as they map out the impact of the deal over the next four years—and beyond. This extension restructures San Francisco's financial commitment, providing the team with more immediate flexibility under the salary cap.

McCaffrey's cap hit for 2024 drops to about $6.68 million, a $7.46 million savings, while next year's hit falls to about $9.8 million.

To understand the long-term impact, we need to examine the entirety of the deal. OverTheCap.com has the full contract details. McCaffrey's cap hit in the first new year of his deal, 2026, is a manageable $11.91 million. That number will balloon to approximately $27.46 million in 2027.

Also included in the deal are three void years from 2028 through 2030, during which bonuses will continue to impact the 49ers' salary cap. Of course, if necessary, the deal can be reworked down the road, offering some relief.

The full breakdown of McCaffrey's contract, as detailed by OverTheCap.com, is listed below.

2024
Base salary: $1,210,000
Prorated signing bonus: $5,002,000
Prorated option bonus: $0
Total per-game roster bonus: $500,000
Workout bonus: $0
Guaranteed salary: $1,210,000
Salary cap number: $6,682,588

2025
Base salary: $1,255,000
Prorated signing bonus: $5,002,000
Prorated option bonus: $2,849,000
Total per-game roster bonus: $500,000
Workout bonus: $200,000
Guaranteed salary: $8,500,000
Salary cap number: $9,806,000

2026
Base salary: $1,300,000
Prorated signing bonus: $5,002,000
Prorated option bonus: $4,959,000
Total per-game roster bonus: $500,000
Workout bonus: $150,000
Guaranteed salary: $0
Salary cap number: $11,911,000

2027
Base salary: $16,850,000
Prorated signing bonus: $5,002,000
Prorated option bonus: $4,959,000
Total per-game roster bonus: $500,000
Workout bonus: $150,000
Guaranteed salary: $0
Salary cap number: $27,461,000

2028
Base salary: Void
Prorated signing bonus: $2,858,000
Prorated option bonus: $4,959,000
Salary cap number: $14,886,000

2029
Base salary: Void
Prorated signing bonus: $0
Prorated option bonus: $4,959,000
Salary cap number: $0

2030
Base salary: Void
Prorated signing bonus: $0
Prorated option bonus: $2,110,000
Salary cap number: $0

Total
Base salary: $20,615,000
Prorated signing bonus: $22,866,000
Prorated option bonus: $24,795,000
Total per-game roster bonus: $2,000,000
Workout bonus: $500,000
Guaranteed salary: $9,710,000
Salary cap number: $70,746,588
Enjoy this article? Follow us to never miss more!

Powered by Follow.it


Comments



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

49ers reveal 2024 games featuring throwback uniforms

By David Bonilla
Jul 18

The San Francisco 49ers will sport their throwback uniforms three times during the 2024 season. The team will don the red versions of these jerseys in Week 8 against the Dallas Cowboys and Week 17 against the Detroit Lions, the latter potentially being a crucial NFC matchup for...


placeholder image

These seven 49ers landed on PFF's top 50 players of 2024

By David Bonilla
Jul 19

For those wondering, no, San Francisco 49ers quarterback Brock Purdy did not make Pro Football Focus' ranking of the top 50 players in the NFL ahead of the 2024 season. However, seven of his teammates did. The highest-ranked 49ers player was offensive tackle Trent Williams, who...


placeholder image

Ryan Clark: 49ers, Brock Purdy would suffer without Brandon Aiyuk in 2024

By David Bonilla
Jul 19

The San Francisco 49ers have made one thing clear regarding Brandon Aiyuk: they have no intention of trading the star wide receiver. Aiyuk requested a trade this week after negotiations for a contract extension failed to progress to his satisfaction. Teams have reportedly come...


Latest

Trending News

Share 49ersWebzone