ESPN’s Nick Wagoner reported Tuesday morning that the 49ers restructured Charvarius War’d contract by adding three void years and converting $12.48 million of his salary into a signing bonus. By doing so, the 49ers created just under $10 million in cap space.
Once you add on Fred Warner’s restructure that created $9 million in cap space, San Francisco has room to sign another valuable free agent.
Darius Slay, anybody? The Eagles couldn’t come to an agreement with Darius Slay to work out a restructured contract. Due to this, Philadelphia released the veteran cornerback.
Slay, an All-Pro, is 32, but hasn’t missed a game in the previous two seasons and is still at the top of his game. He’s an excellent cover cornerback who is competitive and in position on nearly every target.
Of course, if he wanted out of Philadelphia, then he’s looking for a bigger contract given how Slay’s performed the last two seasons. Slay’s base salary for ‘23 was scheduled to be $17 million before he was released. Could he ask for more? If there’s a team that could jump through the hoops of the salary cap and get a deal done, it’s the 49ers.
Edge rusher might be a more pressing need in the eyes of the Niners, and they’re not in a place to get into a bidding ward. We’ll see where Slay ends up, but he’d make the best defense in the NFL even better.