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The 49ers are expected to cut veteran cornerback Carlos Rogers after 1 p.m. Tuesday so they can reap the entire financial benefit on their 2014 salary cap.
With the release after the start of the new league year, the 49ers can claim Rogers as a post-June 1 release, which enables them to spread out over two years the remaining cap hit from his original $5 million signing bonus. In March 2012, the 49ers signed Rogers to a four-year, $29.3 million contract.
The move to release Rogers after just two seasons of his four-year contract will save the 49ers $6.6 million of cap space in 2014. The $6.6 million in savings represents his scheduled salary and bonuses. He will remain on the books and count $1.494 million in “dead money” on the 2015 cap, which is expected to rise significantly from its current ceiling of $133 million per team.
Rogers originally signed a one-year contract with the 49ers in 2011. After recording six interceptions and being named to his first Pro Bowl team, the 49ers signed him to the lucrative contract the following offseason.