The San Francisco 49ers restructured fullback Kyle Juszczyk's contract this week, generating approximately $4 million in salary cap space for 2024 and roughly $1.1 million for 2025. They accomplished this by converting salary into a signing bonus and extending the cap implications through three void years.
Effectively, Juszczyk now has a two-year, $9.1 million deal, keeping him under contract through 2025, with the salary cap impact stretching until 2026.
#49ers FB Kyle Juszczyk's new contract reduced his base pay in 2024 and 2025, effectively making it a new two-year, $9.1 million deal. He got $4M in new guarantees this season, and San Francisco cleared nearly $4M in 2024 cap space.
— Tom Pelissero (@TomPelissero) March 16, 2024
Juszczyk's initial base salaries for 2024 and 2025 were $5.75 million with a $7.6 million cap hit each year.
OverTheCap.com has the contract details, which are broken down below.
2024
Base salary: $1,210,000
Prorated signing bonus: $1,896,750
Total per-game roster bonus: $400,000
Workout bonus: $100,000
Guaranteed salary: $1,210,000
Salary-cap number: $3,606,750
Base salary: $4,100,000
Prorated signing bonus: $1,896,750
Total per-game roster bonus: $400,000
Workout bonus: $100,000
Guaranteed salary: $0
Salary-cap number: $6,496,750
2026
Base salary: Void
Prorated signing bonus: $558,000
Salary-cap number: $1,674,000
2027
Base salary: Void
Prorated signing bonus: $558,000
Salary-cap number: $0
2028
Base salary: Void
Prorated signing bonus: $558,000
Salary-cap number: $0
As per OverTheCap.com, the 49ers are currently listed at $6,149,327 under the salary cap.
