The San Francisco 49ers have a fairly limited amount of cap space at this point, but a few moves one way or another could clear up a fair amount before too long. The most notable move would be trading Alex Smith, which opens up over $6 million in space. Add that to the extra million or two the team might be looking at with the new cap figure, and the 49ers will suddenly find themselves with workable space.
With free agency rapidly approaching us, I thought we would take a look back at the various contracts the 49ers have handed out during the Harbaalke era. These won't necessarily provide deep insight into potential future contracts, but it gives us some numbers to work with in the meantime.
Let us start with Carlos Rogers, who was signed in August of 2011, right after the lockout ended.
2011 Deal: 1-year, $4.25 million
2011 Base - $2.125 million
2011 Signing Bonus - $2.125 million
This deal was a rather cheap deal for the 49ers. It was basically let the team see what Rogers has to offer from a playing standpoint. It's safe to say Rogers did more than his fair share, netting 43 tackles and co-team lead with six interceptions.
Rogers was a free agent after that season, but he quickly came to terms with the 49ers on the first day of free agency. His 2012 deal was was a four year contract, with a max value of $31.3 million. We'll start by looking at his APY first. APY is average per year, and in this contract is $7.3 million.
2012 Salary cap figure - $5.5 million
2012 Base - $3.9 million
2012 Signing Bonus Proration - $1.25 million
2012 Roster Bonus - $250,000
2012 Workout Bonus - $100,000
Rogers subsequently restructured his contract in order for the 49ers to extend NaVorro Bowman. This lead to an additional signing bonus proration, which sits at approximately $225,000 a year through 2015. Additionally, the remainder of his roster bonuses turned into what is known as an OATSB, or Other Amount Treated as Signing Bonus. This pro-rates which prorates over the contract length, with it maxing at five years. That is around $19,531. We will factor that in for his 2013-2015 salaries now.
2013 Salary cap figure - $7,344,531
2013 Base- $5.5 million
2013 OATSB- $19,531
2013 Signing Bonus Proration- $1.475 million (Includes the extra $225,000 from restructure)
2013 Roster Bonus- $250,000
2013 Workout Bonus- $100,000
As previously mentioned, Rogers is a candidate for a possible cap casualty if the team feels strongly that they need that space and can find a replacement for Rogers. If cut before June 1, the team would save approximately $1.1 million. If he is designated as a June 1 cut, they could save a fairly significant amount more. Of course, as a June 1 cut, they would not be able to use that cap space until June 1. Additionally, Rogers has $1.7 million of his $3.9 million base salary guaranteed. The entire $3.9 million base salary becomes guaranteed on April 1, as long as he is on the roster.
2014 Salary cap figure - $8,094,531
2014 Base - $6.25 million
2014 OATSB - $19,531
2014 Signing Bonus Proration - $1.475 million (Includes the extra $225,000 from restructure)
2014 Roster Bonus - $250,000
2014 Workout Bonus - $100,000
2015 Salary cap figure - $9,094,531
2015 Base - $7.25 million
2015 OATSB - $19,531
2015 Signing Bonus Proration - $1.475 million (Includes the extra $225,000 from restructure)
2015 Roster Bonus - $250,000
2015 Workout Bonus - $100,000
Now for 2014 and 2015, Rogers has no guarantees for his base salaries. This means he is more likely for a release in either of those two seasons to maximize the cap savings. That's not to say he wouldn't or won't be cut this offseason, but the team will consider every way to maximize value and savings.
As you can see the 49ers structured the contract so that they could easily get out of it if need be.