Breaking Down the 49ers’ Salary Cap After the First Wave of Free Agency
Linebacker Malcolm Smith
The most questionable signing that John Lynch has made so far is LB Malcolm Smith. Coming from the Oakland Raiders, many were surprised to hear Smith was due to make $26.5 million over five years.
2020 and 2021 are option years, meaning it’s realistically a three-year contract. Taken from Over the Cap, here’s the full contract details.
2017 Cap Number: $3,684,375
Base Salary: $2,000,000
Prorated Bonus: $1,400,000
Roster Bonus: $250,000
Workout Bonus: $50,000
2018 Cap Number: $4,700,000
Base Salary: $3,000,000
Prorated Bonus: $1,400,000
Roster Bonus: $250,000
Workout Bonus: $50,000
2019 Cap Number: $5,450,000
Base Salary: $3,750,000
Prorated Bonus: $1,400,000
Roster Bonus: $250,000
Workout Bonus: $50,000
2020 Cap Number: $6,100,000
Base Salary: $4,400,000
Prorated Bonus: $1,400,000
Roster Bonus: $250,000
Workout Bonus: $50,000
2021 Cap Number: $6,550,000
Base Salary: $4,850,000
Prorated Bonus: $1,400,000
Roster Bonus: $250,000
Workout Bonus: $50,000
The major takeaway from Smith’s contract is that the last two are option years, making it a three-year deal. This is pretty similar to what Pierre Garcon received, but it was still surprising to see Malcolm Smith make this much.