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49ers free up cap space, trade Kwon Alexander to Saints for Kiko Alonso and pick

The San Francisco 49ers are strapped for cash, so they opted to trade away one of their highest-paid players.

Linebacker Kwon Alexander, who signed with the team in 2019, was dealt to the New Orleans Saints on Monday in exchange for a 2021 fifth-round pick and linebacker Kiko Alonso.

Alexander's time with the 49ers was anticlimactic. He joined San Francisco's stalwart defense as a free agent on a huge four-year, $54 million contract, with $27 million guaranteed. In his first year with the Niners, he played in just eight regular season games, then returned to action during the playoffs.