The NFLPA announced adjusted salary caps for each team on Monday. The adjusted salary cap takes the $155,270,000 cap, and adds in the roll-over for a team, and any adjustments and credits to the cap. Each team gets money added to or removed from their cap based on various previous season financial maneuvers. For example, if a player had a $1 million roster bonus paid out as $62,500 per week for 16 weeks in 2015, that total amount counts against the 2015 cap. However, if he missed two games, the 49ers would get a credit the following season for $125,000.
The 49ers adjusted salary cap for 2016 is $176,581,934. It is the third largest behind the Jacksonville Jaguars ($190,301,710), and the Cleveland Browns ($176,686,294). The 49ers figure comes by combining the $155.27 million league-wide salary cap with $12,206,686 in carryover from 2015, and adjustments/credits worth $9,105,248.
At first I was very surprised by how much in credits the 49ers have, but upon further review, it makes a lot of sense. The 49ers dealt with injuries, retirements, and roster turnover, and that results in the credits. I ran through credits and came up with $6,117,500 of them. That leaves $2,987,748 of the NFLPA-reported credits still undetermined. Here is a rundown of the credits I have found:
Anthony Davis: $2 million from him paying back part of his signing bonus in 2015.
Joe Staley: $1.2 million from when the 49ers converted his $6 million option bonus last year into a signing bonus, and added on an extra $1.2 million to his 2015 cap number.
Colin Kaepernick: $875,000 for missing out on 7 games checks on his $2 million per game roster bonus
Shareece Wright: $700,000 from when he was released after 4 weeks, and signed on with the Baltimore Ravens. His contract became guaranteed Week 1, but included offset language if he signed elsewhere.
Craig Dahl: $450,000 from when he was released, and signed with the New York Giants. He had $450,000 guaranteed in his 2015 base salary from when he restructured his deal, and the deal included offset language if he signed elsewhere.
Antoine Bethea: $225,000 of his $400,000 per game roster bonus for ending up on injured reserve, thus missing out on the remainder of his roster bonus.
Reggie Bush: $206,250 of his $300,000 per game roster bonus for ending up on injured reserve following his season-ending injury in the Rams game in St. Louis.
Daniel Kilgore: $137,500 of his $200,000 roster bonus for missing all but 5 games in 2015, after being on the PUP list for the first 11 games.
Ahmad Brooks: $93,750 of his $750,000 per game roster bonus for being inactive for 2 games.
Glenn Dorsey: $75,000 of his $200,000 per game roster bonus for being placed on injured reserve and missing out on the remainder of his bonus.
Anquan Boldin: $62,500 of his $500,000 per game roster bonus for being inactive for 2 games.
Lawrence Okoye: $50,000 of his 2015 base salary was guaranteed when he signed a reserve/futures deal with the 49ers, was released, and made enough elsewhere in 2015 for this to offset.
Tramaine Brock: $20,000 of his $320,000 per game roster bonus for being inactive for 1 game.
Dylan Thompson: $10,000 of his 2015 base salary was guaranteed at signing as an undrafted free agent, and he made enough in 2015 for tis to offset.
Jermaine Whitehead: $7,500 of his 2015 base salary was guaranteed at signing as an undrafted free agent, and he made enough in 2015 for this to offset.
Marcus Rush: $5,000 of his 2015 base salary was guaranteed at signing as an undrafted free agent, and he made enough in 2015 for this to offset.
As I mentioned above, I am $2,987,748 shy of the $9,105,248 reported by the NFLPA, this may be for some unknown bonuses, or payment back by Chris Borland, Patrick Willis, and/or Justin Smith for when they retired.
As always you can follow me on Twitter, @Jay_AB81, or check our salary cap section here, on Niners Nation, which is now officially the exclusive home for my salary cap information.