Earlier on Friday, we brought word of the Redskins restructuring cornerback Josh Wilson’s contract to give them money to put toward signing their draft picks.
The Redskins had the least money under the cap of any team in the NFL heading into the draft and now the team just ahead of them on the list has also cleared some more cap space. The 49ers were less than a million dollars under the cap, but they’re in a little better shape now as Matt Maiocco of CSNBayArea.com reports that the team has restructured the contract of linebacker Patrick Willis.
The 49ers will move $1.687 million of Willis’ scheduled 2013 base salary to a signing bonus, which allows them to spread the cap hit out over the final four years of Willis’ deal with the team. Willis’ base salary for the 2013 season will now be just $715,000 and it is fully guaranteed, although there wasn’t much fear of Willis getting dropped from the 49ers lineup.
With roughly $2.15 million in cap space, the 49ers can now start signing draft picks. They traded one pick to move up and take safety Eric Reid on Thursday, leaving them with 11 more picks in their bag.