According to Matt Maiocco of CSNBayArea.com, the San Francisco 49ers asked three veteran players to restructure their contracts so they could get linebacker NaVorro Bowman’s extension done.
Tight end Vernon Davis, cornerback Carlos Rogers and defensive lineman Ray McDonald restructured their contracts to provide the 49ers with the necessary cap room to award Bowman with a $7.5 million signing bonus, a league source told CSNBayArea.com on Friday.
Bowman, whose original four-year deal averaged $623,062 annually through 2013, signed a five-year extension this week through 2018 that averages $8.911 million annually.
Because of his signing bonus, Bowman’s 2012 cap figure immediately rose from $717,887 to $2.217 million, the source said.
In order to fit Bowman’s new deal under their salary cap, the 49ers turned to three veterans to clear nearly $2.5 million in cap space.
When players restructure their contracts it’s always a win-win deal for both the player and the organization. The team...
Found November 30, 2012 on
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