Free agent pass rusher will stay with 49ers on $2.3 million contract
The San Francisco 49ers tendered one of their restricted free agents, but then retained him at a lower-priced contract.
The San Francisco 49ers are officially keeping restricted free agent Sam Okuayinonu in the building on a new one-year contract. Okuayinonu received a right of first refusal restricted free agent tender from the 49ers. That tender, had he chosen to play on it, would have been a one-year, $3,520,000 contract with no guarantees.
According to Over the Cap the 49ers instead worked out a one-year deal at a lower cost that comes with a little bit of guaranteed money for the former undrafted free agent. OTC reported the contract is worth up to $2. 3 million with $1.
8 million guaranteed. His cap hit will be $2,280,000 for San Francisco this season. This is good business for both sides.
Okuayinonu had the opportunity to explore the free agent market after being tendered. Instead he winds up staying in San Francisco while receiving guaranteed money even at a lower overall contract. The guarantees don't necessarily ensure him a 53-man roster spot, but it puts him in a spot to make money even if he doesn't ultimately make the team.