49ers will release receiver Torrey Smith

The news was first reported by former NFL wideout Steve Smith, a former teammate of Torrey Smith, who joined NFL Network in February. [...] Smith is a one-dimensional speedster whose lack of versatility clearly wasn't viewed as a fit in head coach Kyle Shanahan's offense. Smith's release also has financial implications — he was due to count $9.5 million against the salary cap — but the 49ers already had $90.6 million in cap space. Without Smith, Jeremy Kerley (246 career catches), who signed a three-year extension Saturday before he became a free agent, is the 49ers' only established wideout under contract in 2017. The 49ers have interest in signing the Browns' Terrelle Pryor, one of the top free-agent wide receivers, the Cleveland Plain Dealer reported. The 49ers have money to attract free-agent wideouts, but their quarterback situation could steer away those with other options: