Manningham agrees to pay cut with the 49ers
Wide receiver Mario Manningham has agreed to a $1.8 million pay cut in his base salary for the 2013 season, according to an NFL source on Thursday.
Jason Hurley of NinersNation.com was the first to notice the new deal and it appears that Manninghams contract will go from $3.6 million to $1.8 million this year. This is also his final year of his contract with the 49ers.
Manningham original contract was a two-year, $7.4 million deal. He was also the second leading receiver on the team with 42 catches, 499 yards and a TD despite only playing in 12 games last season.
Manningham isn’t expected to be ready for the start of training camp after he sustained tears to the anterior cruciate and medial collateral ligaments in his left knee, against the Seahawks on Dec. 23. He underwent surgery a month later.
Although it appears he will ready for the the start of the new season, the addition of Anquan Boldin form the Ravens, will virtually mean that Manninham will now be the teams third receiver this year.
This will allow the 49ers to sign other free agents. The 49ers had a $9.29 million in salary cap room before the Glenn Dorsey deal, which has not been recorded yet by the league, according to the source.