The San Francisco 49ers and kicker Eddy Pineiro have reached an agreement on a four-year, $17 million contract extension, according to Adam Schefter of ESPN. The deal ensures that the veteran specialist will remain in San Francisco rather than testing the open market in free agency.
Per Pineiro's agents, Drew Rosenhaus and Robert Bailey, the extension includes $10 million in total guarantees. This agreement comes just days before the start of the new league year, effectively removing Pineiro from the list of available kickers scheduled to hit free agency this week.
By locking in Pineiro through the next four seasons, the 49ers have solidified their special teams depth and avoided a potential vacancy at the position. The $17 million total value of the contract represents a significant investment, rewarding Pineiro for his recent performance. Further details regarding the structure of the deal and annual salary cap hits have not yet been disclosed by the team.
This is a developing story. Check back for updates.
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