49ers $9 Million Under the Cap After Restructuing Kittle and Armstead

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The 49ers did some salary cap magic a few hours before the start of the 2022 league year.
They restructured the contracts of George Kittle and Arik Armstead and created more than $18 million in salary cap space. Which means the 49ers went from being roughly $9 million over the cap to roughly $9 million under the cap. And now they're in compliance with NFL rules.
But they're not exactly movers and shakers when it comes to free agency. The cap space they've created is enough to re-sign a couple of their own free agents plus their draft picks, but not enough to sign the best players on the market, which is what they should do to go all-in and win a Super Bowl for the first time since 1995.
The only way for the 49ers to make a big, all-in move is to trade Jimmy Garoppolo and create $25 million in salary cap space. And they could trade him today at 1:00 p.m. Pacific, because that's when the league year starts and the no-trade clause in his contract expires.
But it's beginning to seem extremely unlikely the 49ers will trade Garoppolo today or any time soon, because they reportedly want two second round picks for him, and no team currently seems willing to spend that on Garoppolo.
So the 49ers will keep waiting for a team to get desperate, and Garoppolo's value will keep declining, and the 49ers will keep saying they were smart to hold onto him.
Let's all light a candle and hope today is the day the 49ers find the courage and strength to trade Garoppolo once and for good.

Grant Cohn has covered the San Francisco 49ers daily since 2011. He spent the first nine years of his career with the Santa Rosa Press Democrat where he wrote the Inside the 49ers blog and covered famous coaches and athletes such as Jim Harbaugh, Colin Kaepernick and Patrick Willis. In 2012, Inside the 49ers won Sports Blog of the Year from the Peninsula Press Club. In 2020, Cohn joined FanNation and began writing All49ers. In addition, he created a YouTube channel which has become the go-to place on YouTube to consume 49ers content. Cohn's channel typically generates roughly 3.5 million viewers per month, while the 49ers' official YouTube channel generates roughly 1.5 million viewers per month. Cohn live streams almost every day and posts videos hourly during the football season. Cohn is committed to asking the questions that 49ers fans want answered, and providing the most honest and interactive coverage in the country. His loyalty is to the reader and the viewer, not the team or any player or coach. Cohn is a new-age multimedia journalist with an old-school mentality, because his father is Lowell Cohn, the legendary sports columnist for the San Francisco Chronicle from 1979 to 1993. The two have a live podcast every Tuesday. Grant Cohn grew up in Oakland and studied English Literature at UCLA from 2006 to 2010. He currently lives in Oakland with his wife.
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