The 49ers ought to aim for the maximum wage ceiling in 2024.
Thanks to some clever contract maneuvering and a quarterback room that costs slightly more than minimum wage, the 49ers are not in salary cap hell, but they would certainly benefit from a higher-than-projected cap figure for 2024.
According to Over the Cap, the salary cap for 2024 will be $242 million. According to that figure, the 49ers are $12,375,835 over the cap. However, in 2023, more than $35 million in restructured funds will roll over, giving them some leeway under the cap. They might be able to go sufficiently below the cap through a few more contract gimmicks to be significant players in free agency.
All of that is accurate when there is a $242 million cap, but according to several reports from Mike Florio of Pro Football Talk, the actual amount may be closer to $243 million or even $250 million.
With the majority of their large contracts reworked to kick the can later, the 49ers will be living on the brink of the cap for the foreseeable future. In a hard-capped league, every dollar matters. Most likely, they have been making about $242 million. If it approaches $250 million, the 49ers may have a more relaxed and active offseason rather than one in which they merely work to stay under the cap.
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