There has been a lot of discussion here about the 49ers 2011 salary cap situation as it relates to the expected $120 million cap, dead money and current salaries. A variety of numbers have been thrown out with one of the more prominent being that the 49ers are somewhere around $112 million when you factor in dead money.
I wanted to use this post to look at the various numbers and try to collectively figure out the 49ers cap situation. Yesterday Matt Maiocco put together a breakdown of the 49ers salaries and dead money based on NFLPA source information. You can check his discussion in the link and I've also posted a rundown of his numbers after the jump. Under MM's numbers, the 49ers total cap figures come in at $102,076,237.
After taking a look at the two sets of numbers, there were a few discrepancies worth noting. NCH included Chris Patrick while MM's source did not have him. That's $405,000, which was the league minimum. The next discrepancy was in the dead money for Kentwan Balmer. MM's figure is $1,646,750. At the second NCH link above, they believe his 2011 dead money to be $3.022M. Additionally, NCH's dead money page includes $2.1M for Brandon Jones who was cut in 2010.
Based on that bit of number crunching, if you took the max figures from the previous paragraph and added it to MM's $102M figure, we'd now be at $105,956,487m which would leave a shade over $14 million in cap room before the team has resolved Nate Clements contract, signed their rookies, or re-signed any of their free agents. Just a reminder that whether the team renegotiates with Clements or cuts him, the 49ers will save several million dollars on his contract in 2011.
Below is a rundown of the numbers Maiocco posted in a table for your perusal. I'll continue doing some research on the dead money, but if you have issues with some of this information, please let me know. For clarification purposes, the players listed twice are players cut and re-signed. For players with four and five figure numbers, they were players released at a certain point.