Reported 4 months ago
The San Francisco 49ers have freed up $18 million in 2024 salary-cap space by releasing their long-time player, Arik Armstead, due to post-June 1 action. Despite incurring $25.9 million in dead money over the next two NFL seasons, the move leaves the team with flexibility for contract extensions or future planning. Armstead, who spent his entire nine-year NFL career with the 49ers, signed a new deal with the Jacksonville Jaguars and expressed feeling 'disrespected' by his former team's final offer. Now, the 49ers have around $25 million in 2024 cap space, allowing them to make strategic decisions as the 2024 NFL season approaches.
Source: YAHOO