OverTheCap.com lists the 49ers as having about $2.34 million in salary-cap space before the McCaffrey restructure. The running back was slated to earn a base salary of $11.8 million in 2023 and had a $12 million cap number.
RELATED
The 49ers likely converted some of that salary into a bonus, allowing the cap hit to be spread over multiple years and possibly adding void years. Expect the full contract details to be revealed later.
McCaffrey arrived from the Carolina Panthers via a mid-season trade last season. He finished the 2022 season with an impressive 1,880 total yards and 13 total touchdowns in his 17 games between the 49ers and the Panthers.
Related News
More San Francisco 49ers News
-
49ers' Christian McCaffrey Announced as a Finalist for NFL Salute to Service Award
Award Recipient to be Recognized at NFL Honors during Super Bowl LX in San Francisco The 49ers Communications staff provided the following information. SANTA CLARA, Calif. – The NFL and USAA, an official NFL Salute to Service partner, announced San Francisco 49ers... -
49ers' Christian McCaffrey among nominees for FedEx Air & Ground NFL Players of the Year
The NFL announced today that nominees for the FedEx Air & Ground NFL Players of the Year are: Buffalo Bills quarterback Josh Allen finished the season with 3,668 passing yards and 25 touchdown passes. He ranked first among quarterbacks in rushing touchdowns (14) and... -
Saquon Barkley praises 49ers RB Christian McCaffrey: 'He's one of the best to ever do it'
Saquon Barkley will aim to run over the San Francisco 49ers defense on Sunday, hoping to help his Philadelphia Eagles advance to the Divisional Round of the playoffs. His counterpart, 49ers star running back Christian McCaffrey, will look to do the same. Though they'll be... -
Raiders to interview 49ers' Klay Kubiak for head coaching position Sunday
The Pittsburgh Steelers are not the only NFL team showing interest in San Francisco 49ers offensive coordinator Klay Kubiak. According to Sports Illustrated insider Albert Breer, the Las Vegas Raiders are scheduled to interview Kubiak on Sunday for their head coaching...