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Goodwin deal creates $1.85 million in cap space

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Gantt recently pointed out that 49ers center Jonathan Goodwin reduced his salary from $3.7 million to $2.5 million.  But he created even more than $1.2 million in cap space for the team.

Per a source with knowledge of the deal, Goodwin also gave up $665,000 in so-called “likely to be earned” incentives, which while not vested nevertheless counted against the cap.

As a result, Goodwin’s cap number of $5.016 million has dropped to $3.166 million, creating $1.85 million in cap space.

In exchange for giving up $1.85 million in potential earnings this year, $1 million of Goodwin’s base salary is now fully guaranteed.

In 2011, Goodwin signed a three-year deal with a $2 million signing bonus and $4 million guaranteed.  The new deal was signed on May 23.

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8 Responses to “Goodwin deal creates $1.85 million in cap space”
  1. mazblast says: May 26, 2013 1:55 PM

    John Mara will not be amused.

  2. michaeljacksonisback says: May 26, 2013 2:17 PM

    He will be cut after the season

  3. 9ueenbee says: May 26, 2013 2:37 PM

    How can you cut the player whose contract expired after this season? The level of this comment section is same as before.

  4. aiiyiiyiii says: May 26, 2013 2:40 PM

    Goody will be a free agent after the season.

  5. cksk4sp says: May 26, 2013 2:41 PM

    Except Goodwin will be a free agent at end of season…

  6. questforthesixthnotthelast2013 says: May 26, 2013 3:23 PM

    Goodwin is a more than capable center, and if he chooses to play next season, he can land a spot on a team and make that line instantly stronger.
    If he chooses to retire, he will make a great Wrestler in the WWE!! Huge man, thanks for seeing that this club needed more to get this team complete again!!

  7. mmsierra says: May 26, 2013 4:21 PM

    There had been talk of Joe Looney or Daniel Kilgore moving to the center slot

    This will avert that and maybe extend Goodwin’s stay with the team beyond this year

    But, it wouldn’t hurt to try out the younger linemen during the pre season
    The OL is a real strenght for this team

  8. sfniners4life says: May 26, 2013 5:35 PM

    Free up enough money for a old wash up wr. Hopefully not moss

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