The San Francisco 49ers will be in better shape financially this offseason than originally anticipated. On Friday, the NFL announced that the 2024 salary cap has been set at $255.4 million – a rise of more than $30 million from last year to a new record high.

That amount is about $13 million more than Over The Cap and Spotrac were anticipating, so the 49ers are actually just under the cap instead of being over by about $14 million.

According to Over The Cap, the 49ers have about $834,165 in available cap space right now, the eighth-lowest amount in the NFL. Commanders lead the NFL in cap room with about $87 million as of now.

Trent Williams is slated to have the largest cap hit on the team at $31.6 million, followed by Deebo Samuel ($28.6 million) and Arik Armstead ($28.3 million).

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