According to Adam Schefter, the San Francisco 49ers are releasing veteran defensive end Leonard Floyd just one offseason after signing him.

Floyd, 32, signed a two-year, $20 million deal with the 49ers last offseason, including $12 million guaranteed. He was set to make $7.9 million in 2025 with a cap hit of $10.1 million. Releasing Floyd will save $1.47 million for the 49ers in 2025, while Floyd will count $8.32 million against the cap.

The 49ers will eat $6.4 million in dead money in 2026, $4.3 million in 2025, and $2.1 million in 2028. So, he was an expensive whiff in free agency.

In 2024, Floyd was second on the team with 8.5 sacks, but a release was always possible with the two-year structure. With Floyd’s release, the 49ers now have Nick Bosa, Yetur Gross-Matos, and Robert Beal Jr. as the team’s primary edge rushers for the 2025 season.

San Francisco has been linked to free agent defensive end Joey Bosa, the brother of Nick Bosa, who NFL Network’s Ian Rapoport said is a legitimate free agent candidate for the team. Moving on from Floyd for a player who isn’t as available as him in Bosa wouldn’t go in line with the youth movement. Still, Bosa has the pedigree.

But, for now, the departures continue for the 49ers, who have now released Floyd, Javon Hargrave, and Maliek Collins along the defensive line. On Day 1 of free agency, San Francisco also lost linebacker Dre Greenlaw, safety Talanoa Hufanga, cornerback Charvarius Ward, left guard Aaron Banks, and left tackle Jaylon Moore in free agency.

For now, there are quite a few holes to fill for the 49ers. And they just created another one with the release of Floyd.