49ers free up salary cap space by cutting CB Oliver
The 49ers created valuable salary cap space by releasing cornerback Isaiah Oliver, following the NFL’s announcement of a significant salary cap increase for the 2024 season. Oliver signed a two-year contract last offseason but struggled in his role as the team’s top nickel back and was eventually replaced by other players. Despite the release, Oliver will still count against the team’s salary cap with dead money. The 49ers now have more flexibility in their cap space and will look to strengthen their defense, particularly in coverage against slot receivers. Oliver is now a free agent and can sign with any team.
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