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Source: 49ers, Malcolm Smith restructure deal to keep him on team

The 49ers have come to terms on a deal to restructure veteran linebacker Malcolm Smith’s contract, a league source told NBC Sports Bay Area on Friday.

The agreement, first reported by the NFL Network, reduces Smith's pay for the upcoming season. His status on the 49ers' roster was in question due to the size of his contract and the two injury-plagued seasons since signing with the 49ers.

The organization had high hopes for Smith, but he has started just five games in two years. Smith was among the first free-agent signings of John Lynch’s tenure as the 49ers' general manager.