The roster overhaul in Santa Clara persists. Adam Schefter of ESPN initially reported that the San Francisco 49ers are dismissing defensive end Leonard Floyd, who played only one season with the team after signing a two-year, $20 million contract in 2024. The 49ers formalized the decision with an announcement shortly thereafter.
The decision incurs a dead cap charge of about $8.6 million, alongside approximately $1.5 million in cap savings for 2025, unless a post-June 1 designation is utilized. The effect would be distributed, resulting in a dead cap charge of $2.16 million and approximately $8 million in savings for 2025.
The Chicago Bears selected Floyd (6-6, 240) from Georgia with the ninth overall pick in 2016. In the previous season, Floyd amassed 42 tackles (eight for loss), 16 quarterback hits, 8.5 sacks, one pass defensed, and one forced fumble over 17 starts for the 49ers. According to Pro Football Reference, he participated in 57% of the team’s defensive snaps.
Floyd’s 8.5 sacks positioned him second on the squad, surpassed only by Nick Bosa’s nine. It represented his lowest number of sacks since 2019.
Floyd, 32, has recorded 412 tackles (71 for loss), 138 quarterback hits, 66.5 sacks, two safeties, 15 passes defensed, two interceptions, two touchdowns, and five forced fumbles across 138 games (137 starts) in nine NFL seasons.
