The Niners are converting $12.48 million of his salary into a signing bonus and adding three void years to his deal, creating just under $10 million in salary-cap space.
Last offseason, San Francisco signed Ward to a three-year deal worth up to $42 million with $26.7 million guaranteed. The cornerback registered 87 tackles, three tackles for a loss, 11 passes defensed, an interception, and a forced fumble through 17 starts with the 49ers last season, per Pro Football Reference.
The Dallas Cowboys signed Ward (6-1, 196) as an undrafted free agent out of Middle Tennessee in 2018. He spent his first four NFL seasons with the Kansas City Chiefs.
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