Kyle Juszczyk agreed to a contract restructure with the San Francisco 49ers this week, and the full impact of that decision has now been revealed.
Juszczyk is nów the 49ers' longest-tenured player after they released Arik Armstead following his refusal to take a pay cut.
San Francisco's All-Pro fullback was happy to accept a reduction in salary, however, with his restructure saving the 49ers more cap room than first thought.
Per Over The Cap (h/t David Lombardi of The Athletic), the 49ers cut Juszczyk's salary from $5.75 million to $1.21 million, but gave him a signing bonus of $2.79 million, using three additional void years to prorate the bonus through 2028. Juszczyk is a free agent after the 2025 season.
Kyle Juszczyk's reworked deal (OTC) actually saved 49ers $4m of 2024 salary-cap room — not just $1.75m.
— David Lombardi (@LombardiHimself) March 16, 2024
How? SF cut Juszczyk's salary from $5.75m to $1.21m. But they then gave him new $2.79m signing bonus, added 3 void years to 2028 to prorate.
2024 hit..
Old: $7.6m
New: $3.6m
As a result, Juszczyk's cap hit is down from $7.6 million to $3.6 million, saving the 49ers $4 million, substantially more than the $1.75 million the Niners were initially believed to have saved.
Juszczyk has unique worth to the 49ers because of everything he can do in the passing game. As a result of a restructure, the best fullback in the game now represents much better value for money.
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