RELATED
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
More San Francisco 49ers News
-
NFL informs 49ers, other teams that salary cap is projected to exceed $301 million in 2026
The San Francisco 49ers, along with the rest of the NFL, are expected to gain significant financial flexibility in 2026. According to NFL Network insider Tom Pelissero, the league has informed teams that the 2026 NFL salary cap is projected to land between $301.2 million and... -
49ers RB Christian McCaffrey wins PFWA's Comeback Player of the Year award
San Francisco 49ers running back Christian McCaffrey has been named the 2025 Comeback Player of the Year by the Professional Football Writers of America (PFWA), capping a dominant return from injury. The PFWA also announced New England Patriots quarterback Drake Maye as the... -
Are these the 3 most likely 49ers cap casualties this offseason?
Bleacher Report analyst Alex Ballentine recently identified the three most likely salary-cap casualties for each NFL team this offseason, and one name on the San Francisco 49ers' list will come as little surprise: wide receiver Brandon Aiyuk. General manager John Lynch has... -
49ers mailbag: Will SF trade Mac Jones? Is there anything to electrical substation talk? Will 49ers be spenders in free agency?
Can't get enough of the San Francisco 49ers? We can help with that. We're back with a brand-new 49ers Webzone Mailbag. We asked for your best 49ers questions, and you came through with several good ones. Thank you for submitting those. Before we jump into the mailbag, be sure...