Videos are auto-populated by an affiliate. This site has no control over the videos that appear above.
The San Francisco 49ers, who acquired defensive tackle Maliek Collins in a March trade with the Houston Texans, have restructured his contract, per Spotrac.com. Initially, Collins had two years remaining on his deal. The restructuring converts $6.79 million of his salary into a signing bonus, creating $5.432 million in salary cap space for the 49ers in 2024.
This move reduces Collins' cap hit for 2024 from $8.47 million to $3.04 million. However, his cap hit for the following year has increased from $10 million to $11.36 million.
To manage the cap impact, the 49ers added three void years to the contract. While 2028 will not carry a cap hit, there will be a $4.07 million cap hit in 2026 and a $1.36 million hit in 2027.
The $6.79 million signing bonus will be spread out over the next five years, meaning the resulting cap hit adjustment will be $1.358 million each year. However, Collins receives the total amount immediately.
According to Spotrac.com, the 49ers lead the league with an impressive $50.5 million in available salary cap space, much of which will likely be rolled over into 2025.
The #49ers converted $6.79M of Maliek Collins' 2024 salary into signing bonus, adding 3 void years, freeing up $5.432M of cap space for the upcoming season.
San Francisco carries a league-high $50.5M of space into Week 1 according to our numbers.https://t.co/365LebVmgU
Nobody's perfect. Did you find a mistake in this article? Report it.
Comments
Do not use the comments to notify us of errors in the article. Editors may not see it. Instead, report errors here.
More San Francisco 49ers News
Details emerge on 49ers WR Deebo Samuel's restructured contract
By David Bonilla
Sep 5
OverTheCap.com has provided a detailed breakdown of San Francisco 49ers wide receiver Deebo Samuel's restructured contract, a move aimed at freeing up significant salary cap space for the team in 2024. The adjustments reduce Samuel's cap hit from $28.63 million to $12.23...
Schefter: 49ers gave Brandon Aiyuk an ultimatum during contract standoff
By David Bonilla
Sep 9
In the end, everything worked out for both sides. However, for a while, it seemed like the San Francisco 49ers might lose wide receiver Brandon Aiyuk. In fact, they came very close to trading him, according to a Sunday report from FOX Sports' Jay Glazer.
On Monday, ESPN...
San Francisco 49ers quarterback Brock Purdy's stats from Monday night's win over the New York Jets might not stand out at first glance—he finished 19 of 29 for 231 yards without a touchdown. However, this was not for lack of impressive throws. You might recall that Purdy...
49ers Notebook: Players quickly overcome wild offseason; Nick Bosa raves about new teammates; Aaron Rodgers hopes to see 49ers again
By Kirk Larrabee
Sep 9
It's hard to find much to complain about from the 49ers' 32-19 win over the New York Jets, especially considering the road they traveled over the past several weeks to get there.
Sure, there were too many drives that ended in field goals instead of touchdowns. But given all...