The San Francisco 49ers project to have approximately $63 million in cap space this offseason after signing Jimmy Garoppolo to a contract extension.
Garoppolo's deal is front-loaded with a $28 million roster bonus paid out this season instead of a signing bonus that would pro-rate over the life of the contract.
Garoppolo's deal projects having a $37 million cap hit in 2018 with it dropping to a $20 million cap hit in 2019.
The 49ers were previously projected to have the most cap space in the NFL entering the offseason but they now have either the third or fourth most cap space.
