For years, the 49ers have been on the verge of winning the Super Bowl, and they plan to make another push in 2024. Starting next month, there will be some respite from the salary cap, which will help that possible run.
After June 1st, the San Francisco 49ers will forfeit $18 million from their 2024 salary cap. The 49ers may use the extra money as soon as defensive lineman Arik Armstead is officially released.
The veteran 49er was let go by San Francisco in March during his free agency, with his release scheduled for after June 1st.
As a result, the 49ers will have the opportunity to make further moves this summer that may have a significant effect on the organization’s future.
Among those choices is wide receiver Brandon Aiyuk, who is rumored to be seeking a substantial contract extension for around $30 million. The 49ers have not included the native of Rocklin in their offseason program yet in an effort to maintain his worth for his contract year.
But the wideout has left mysterious comments on social media, one more Tuesday.
The 49ers are also worried about the futures of its key players, including Charvarius Ward, George Kittle, and
Christian McCaffrey. Decisions about the three men will be made when the two or fewer years on each of their contracts are up.
Spotrac indicates that the 49ers now have $5 million in cap space. Some websites and publications have slightly different figures: David Lombardi of The Athletic is worth over $14 million, while OverTheCap is valued at $6 million. A surplus of $22 million may be anticipated following the implementation of the Armstead cap release.