On Friday, the NFL announced that the 2024 salary cap would be set at $255.4 million. The 49ers may pursue a contract extension with Jennings rather than navigating the tender process.
Impressively, 20 of Jennings' 29 receptions, including those in the playoffs, resulted in first downs. If the Niners decide to tender Jennings, exercising the right of first refusal without tying it to a draft round would come with a price tag of $2.985 million.
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