49ers Free Agency Day 4: What to Do with $18 Million?

Assuming the Niners do not trade up their first-round pick, you can pencil in about $4-5 million needed to lock up draft picks as well any undrafted free agents that might make the team.

For argument’s sake, we’ll say that leaves $13 million left in cap space; hardly enough to make a power play on Peyton Manning.

In order to re-sign Alex Smith, because let’s face it, he’s not going anywhere, would probably be in the $6-8 million range and in a back-loaded deal, we’ll go with $6 million.

So the question now becomes: What to do with $7 million?

Anyone left with the delusions of Mike Wallace coming to San Fra...

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