49ers sign linebacker Wheeler, release three

Philip Wheeler started all 16 games for the Dolphins in 2013, racking up 118 tackles and a fumble recovery. (AP)SANTA CLARA -- The 49ers on Thursday signed veteran inside linebacker Philip Wheeler to a one-year contract, and released three players from their 90-man roster.

The 49ers waived wide receiver Trindon Holliday, guard Fouimalo Fonoti and wide receiver Lance Lewis.

Wheeler, 30, a seven-year veteran, does not count against the formula for compensatory picks next year because the Miami Dolphins released him this offseason.

The Dolphins signed Wheeler to a five-year, $26 million contract in 2013, and paid him $13 million in the first two years of that deal. But the seven-year veteran…