The 49ers cap situation is not at its best as OTAs are due to open on Monday. Actually they have smallest available seat in the NFL according to Over the Cap.
San Francisco operates with just $673,752 of ceiling space, but their situation looks even worse with effective ceiling space. They exceed $708,468 in effective cap space, which is “the cap space that a team will have after signing at least 51 players and its projected rookie class into their roster,” according to the OTC.
However, there is good news: the 49ers have the opportunity to quickly win back several million under the cap. While they can do a lot of maneuvering, terminating Jimmy Garoppolo’s contract is their most efficient way to get the space they don’t have due to impending OTAs.
Whether they trade Garoppolo or let him go after he recovers from off-season shoulder surgery, the 49ers could have $25.5 million in the ceiling. This is a key reason why it’s hard to believe that they will enter the year with him on the list. While they don’t necessarily need space this year, they can turn that space around and use it during the season to give themselves a little wiggle room.
Restructuring and expansions could help make room, and perhaps San Francisco will go down that path to try and get capped once their nine-player rookie class is signed. However, moving Garoppolo would have been more efficient. In any case, some maneuvers will be made before the start of the year to help resolve their current capitalization crisis.
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