Update:
Torrey Smith has confirmed his release via his Instagram account.
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The San Francisco 49ers are releasing veteran WR Torrey Smith on Monday, according to former NFL player Steve Smith.
Last year, Smith was reportedly available for trade ahead of the deadline with the Eagles being a possible trade partner. However, the deadline came and went without a deal being completed.
The 49ers really need help at receiver, even when they still had Smith on their roster, but it appears as though they would prefer to completely start over at the position.
Smith, 28, is a former second-round pick of the Ravens back in 2011. He was entering the third year of his five-year, $40 million contract that includes $22 million guaranteed and was set to make a base salary of $6.5 million for the 2017 season.
According toย OverTheCap.com,ย releasing Smith willย free up $4,675,000 of available cap space while creating $4.8 million in dead money.
In 2016, Smith has appeared in 12 games for the 49ers and caught 20 passes for 267 yards receiving and three touchdowns.ย Pro Football Focus has him rated as the No. 117 receiver out of 118 qualifying players.
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