The 49ers opened up minicamp today by signing 4 draft picks, and have signed a 5th, by inking 6th round ILB Nick Moody to what is expected to be a 4-year deal, worth $2,267,672, with a $107,672 signing bonus included.

Moody is expected to compete for a roster spot behind Patrick Willis, NaVorro Bowman and Dan Skuta at ILB, and a primary special teams ace.

The 49ers have started getting draft picks under contract. By signing 5th round DE Quinton Dial, and 7th rounders, QB B.J. Daniels, OT Carter Bykowski, and CB Marcus Cooper.

According to numbers obtained from OverTheCap.com, the following overall value and signing bonuses were likely given out.

Dial, a 4-year deal worth $2,341,652, with a $181,562 signing bonus

Daniels, a 4-year deal worth $2,206,512, with a $46.512 signing bonus

Bykowski and Cooper, a 4-year deal worth $2,205,896, with $45,896 signing bonuses.

Patrick Willis restructured his contract today, by cutting his salary down to $715,000, and turning the remainder into a signing bonus, and the 49ers now have $2.178 million in cap room according to my numbers.

This is the 2nd time in 2 years that Willis has restructured his deal to help with cap space, the first was with the 2011 redo, and now this one to help sign the new rookie class.

The 49ers added some depth at TE with the addition of Cameron Morrah to a 1-year $630,000 deal.

Morrah previously spent 3 seasons with the Seattle Seahawks.

RFA CB Tramaine Brock has signed his 1-year $1.323 million tender that he received as a RFA today, right as offseason workouts begin. There will b 2 weeks of conditioning.

According to ProFootballTalk.com, the 49ers and free agent to be in 2015, LG Mike Iupati, have started contract talks on an extension.

This comes about a week and half ago when the 49ers signed fellow would be free agent in 2015, RT Anthony Davis, to a 5-year extension, with a $7.5 million signing bonus.

Iupati made his 1st pro bowl, and was an 1st team All Pro for the first time.

Davis received a $7.5 million signing bonus, along with yearly $1 million roster bonuses from 2015-2019. He also has a $1.9 million roster bonus due in 2014, along with a $422,000 workout bonus due in 2014.

Davis’ base salaries are below.

2013: $880,000(Guaranteed)
2014: $1.845 million (Guaranteed, if on roster on April 1, 2014)
2015: $2.35 million (Guaranteed, if on roster on April 1, 2015)
2016: $2.65 million ($2.1 million guaranteed, if on roster on April 1, 2016)
2017: $4.0 million
2018: $5.375 million
2019: $5.375 million

In 2015-2019 there is the possibility of $1.25 million de-escalator for workout and weight requirements, set by the team.

The $1 million roster bonuses are an estimate based off of OverTheCap.com.

The 49ers are now roughly around $1.088 million under the cap.

Terms are in for Nnamdi Asomugha’s 1-year deal. It is worth $1.775 million. It includes a $1 million base salary, $325,000 roster bonus tied to game day actives, $25,000 workout bonus, and $425,000 in likely to be earned incentives.

Asomugha has a total of $1.65 million in incentives, but the rest are considered not likely to be earned.

The 49ers have extended RT Anthony Davis according to Adam Schefter and ProFootballTalk.com.

The deal is a 5-year extension worth $37.3 million, with $17 million guaranteed. He is now signed through 2019 according to ProFootballTalk.