Dianna Marie Russini reports that the 49ers reworked OT Joe Staley’s contract and created some additional cap room.
- According to Russini, the 49ers turned $4 million of his $5.4 base salary in a signing bonus that will be prorated over the remainder of the contract.
It’s worth mentioning that the 49ers have plenty of cap space to work with, even before this move.The current projections have them with over $55 million in cap room.
Staley, 31, is in the third year of his six-year, $52.45 million contract and was in line to make a base salary of $5.4 million for the 2016 season. He was set to count $8.3 million against the team’s salary cap for the 2016 season.
According to OverTheCap.com, restructuring Staley’s contract could net them as much as $3,761,250 in available cap space, depending on the restructure.
In 2015, Staley appeared in all 16 games for the 49ers and was rated by Pro Football Focus as the No. 6 offensive tackle out of 77 qualifying players.
Looking for the latest NFL Insider News & Rumors?
Be sure to follow NFL Trade Rumors on TWITTER and FACEBOOK for breaking NFL News and Rumors for all 32 teams!
OK so what are they going to do with all this money, sign Ballke to a longer contract? This team really doesn’t have much talent. QB as in Kaepernick cannot even after 4 years read defenses and this is SAD to say the least especially considering they gave an idiot 11 Million Dollars a year that would rather have fun than learn his trade. The guy’s a JOKE. No viable WR’s and if Kelly thinks he’s got all this young talent then we should all be worried. This is just a quick fix by the Yorks or so they think to keep the GREEN coming with season tickets when what they really need to do is ” SALE ” the 49ers to someone who cares. Maybe Mr Kraft would like to relocate on the West Coast. Either way if Niner fans think Chip Kelly will make the Niners better think again.
What is the Capa money plan? Line