Kyle’s update 12:55 p.m.: Adam Caplan says it’s a one-year veteran minimum for McKinnon’s years of service ($920k) plus his per game roster bonuses ($250k.) Caplan also mentioned the 49ers will eat $2 million in dead money due to the proration in McKinnon’s contract from 2020. It sounds like the restructure saved the 49ers a couple million, but we’ll wait for the official word.
According to Matt Maiocco, the San Francisco 49ers have agreed to restructure Jerick McKinnon’s contract. McKinnon signed a $30 million deal on the first day of free agency in 2018. We haven’t seen him take a regular-season snap with the 49ers yet. McKinnon tore his ACL just before the regular season started. This past year, McKinnon suffered a setback that caused him to shut it down before McKinnon could get started.
McKinnon hasn’t been shy about wanting to remain with the 49ers. In February, he said he was “willing to do whatever” to return to the 49ers. McKinnon is a true third-down receiving back that Kyle Shanahan has been salivating to use. The backfield is crowded, with Raheem Mostert, Matt Breida, Tevin Coleman, and Jeff Wilson. Between those names, McKinnon is the best receiver. Is Coleman the next guy to go?
We’ll update once we have the contract details, but McKinnon is going to be on the 49ers roster in 2020.