Report: 49ers restructure Warner's contract, save $9.5M

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The 49ers cleared up some much-needed salary cap space on Tuesday. 

ESPN's Field Yates reported, citing a source, that San Francisco restructured linebacker Fred Warner's contract, creating $9.5 million in salary cap space. 

The Athletic's David Lombardi provided further details on Warner's restructure. 

In addition to the restructuring of cornerback Charvarius Ward's contract, the 49ers created nearly $20 million in cap space with the two moves. 

Warner initially signed a five-year, $95 million contract with San Francisco prior to the 2021 season and was set to count for $18.525 million against the 49ers' cap in 2023 before the restructuring. 

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The move helped the 49ers get further under the NFL's $224.8 million salary cap by the start of the new league year on Wednesday at 1 p.m. PT.

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