By Anthony Caruso III | Publisher
The San Francisco 49ers have had a lackluster season thus far. The team has been devastated by injuries just months after appearing in February’s Super Bowl.
On Thursday Night Football, the team was beat down by the Green Bay Packers at Levi’s Stadium in Santa Clara, California. The Packers won 34-17 with the 49ers missing a lot of players due to injuries or being on the COVID-19 list.
One of the men, who has been hampered by injury, this season may not return next season. Quarterback Jimmy Garoppolo has seen limited time this season as he deals with his second ankle injury in 2020.
With their high-priced quarterback out of the lineup, the team is getting a chance to look at other options. Neither Nick Mullens or C.J. Beathard have proven worthy of a starting quarterback role.
And the way that it’s looking now, Garoppolo will not be back with the team in 2021. He may have played his final game with the team this season, as he is not expected to return with his high ankle sprain before the conclusion of the season.
The 28-year-old previously received a five-year, $137.5 million dollar deal from the team on February 5, 2018. However, like many contracts, the 49ers have a way out of the deal.
San Francisco is expected to move on from the quarterback, who they previously acquired in a second-round draft pick in a trade with the New England Patriots. With the way it’s going for the Patriots, he may land back there as the team’s starting quarterback in 2021.
According to Spotrac, the 49ers can release or trade Garoppolo before June 1st with limited impact. San Francisco will be responsible for just a $2.8 million dead cap hit in 2021.
Yet, if they moved on, the franchise would save $24.1 million by cutting ties with Garoppolo.
That’s a huge number for General Manager John Lynch to turn down. Plus, it’ll mean that would not have to pay Garoppolo for the next two seasons at $48.3 million.
This season, the 49ers had $18 million in cap space after restructuring Dee Ford’s contract. Any unused money will then roll over into the 2021 salary cap, which may actually go down due to the lack of full stadiums around the country.
In addition, if the 49ers hold on to Garoppolo until after June 1st — unlikely — the team will have a dead cap hit split over the next two seasons if a trade is made. The team would be responsible for $1.4 million dead cap hits in 2021 and 2022.
The team can release Garoppolo after June 1st and they will be responsible for a $2.8 million dead cap hit. Either way, the 49era would save $24.1 million in a after June 1st release or a $25.5 million savings following a trade.