Report: 49ers, Rice in Agreement
SANTA CLARA, Calif. (AP) _ Jerry Rice and the San Francisco 49ers reportedly reached a tentative agreement that would keep the receiver with the team for the next two seasons.
Coach Steve Mariucci said the team and Rice were very close, but have not yet finalized the deal. The NFL has to approve the contract.
The San Francisco Examiner said the agreement restructures the 2000 and 2001 seasons of Rice’s contract, which runs through 2004. The deal saves the team more than $1 million against the salary cap.
The San Francisco Chronicle reported in Saturday’s editions that the deal will be finalized Monday.
Rice, 37, the leading receiver and touchdown scorer in NFL history, has been willing to reduce his salary and bonuses. Jim Steiner, Rice’s agent, said the only snag was finalizing the incentives Rice will receive in exchange for the new contract.
The 49ers have said quarterback Steve Young, out for 13 games last season after a series of concussions, will make an announcement about his future by June 10.