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The 49ers are slated to release Floyd, Adam Schefter of ESPN reports.

Floyd, who tallied 8.5 sacks in 17 regular-season games (all starts) with San Francisco in 2024, will hit the free-agent market and likely generate a fair amount of interest. If designated as a post-June 1 release, the decision to cut Floyd will save the 49ers roughly $7.95 million against the cap.

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