Michael Lombardi reported on the NFL Network that the San Francisco 49ers have dropped out of the Nnamdi Asomugha sweepstakes. Lombardi indicated members of the 49ers front office had expressed this. Some would argue it could be a smokescreen, but for now it appears as though the race for Nnamdi is down to the Jets and Cowboys. The Cowboys cleared out a ton of cap room this year, although they face immense dead money in 2012.
The 49ers now need to implement their plan B, or even just figure out a Plan B. There are quality cornerbacks in free agency, although Chris Carr, Antonio Cromartie, Richard Marshall and Carlos Rogers don't really compare to Nnamdi Asomugha. That's not to say they wouldn't be solid options. In fact, one could argue spending Nnamdi money on two of those corners could be the wiser course of action.
The 49ers have a variety of holes in their roster thanks to Michael Crabtree's injury and various free agency departures. They've got plenty of cap space and if Nnamdi doesn't want their money, there are plenty of players that do.