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The 49ers have the 11th-most cap space heading into 2024 now that Arik Armstead’s release is official

Now that we are post-June-1, Arik Armstead’s release is official. With that comes more cap space. Per Over the Cap, the San Francisco 49ers sit 11th in the NFL in cap space at $25.24 million. It’s worth noting that most of the teams ahead of the Niners have something in common with San Francisco: A rookie quarterback at the helm.

Armstead’s release added just over $17 million in cap space for the 49ers. It’s not all sunshine and rainbows, as the team has $19.4 million in cap space— $10.3 million of that comes from Armstead, with another $5.