The 49ers officially announced Arik Armstead’s release on March 13. For 2024, he counts for $10.3 million in dead money on the 2024 salary cap, and about $15.5 million in dead money in 2025. Overall, the 49ers got salary cap flexibility out of the maneuver, despite the dead money being on the books for the next two years. The post June 1 designation gives the 49ers the immediate salary cap space that they just got on Saturday.
After being released due to not being able to agree to a restructured deal with the 49ers, Arik Armstead signed a three-year, $43.5 million deal with the Jacksonville Jaguars
For the 49ers, it will be interesting to see if this new cap space will give them the flexibility to keep players like Brandon Aiyuk, Deebo Samuel and eventually extend quarterback Brock Purdy. There were rumors regarding both Brandon Aiyuk and Deebo Samuel potentially getting traded around the time of the 2024 NFL Draft. A trade did not materialize for either of the two star receivers, and it seems like both will at least be on the roster for the 2024 season to try to get over the hump and win the Super Bowl
Although the 49ers deemed it necessary to release Armstead, he had some good seasons with the team, and it was tough from both perspectives to part ways. Armstead spoke on the negotiations for a potential restructured deal at the time, and said he felt disrespected.
