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Mario Manningham Contract Details: 49ers Two Year Deal Lower Than Redskins Josh Morgan Deal

The San Francisco 49ers had reportedly signed wide receiver Mario Manningham a week ago, but it took them nearly a week to officially announce the deal, and another day for any contract details to come out. Now that they are out, 49ers fans can chalk this deal up as another winner for the 49ers front office.

According to Matt Maiocco, the 49ers signed Manningham to a two year contract worth $7.375 million. The deal reportedly includes a $2 million signing bonus with base salaries of $1.2 million in 2012 and $3.6 million in 2013. The deal will feature a 2012 salary cap hit of $2.487M and a 2013 salary cap hit of $4.887M.

This deal is notable in part because of how it compares with former 49ers wide receiver Joshua Morgan. The former 49ers receiver signed a two year $11.5 million deal with the Washington Redskins. While he has considerably upside, Manningham has plenty of upside himself and would seem to at least be of comparable value to Morgan, if not more. The 49ers are constantly discussed as a team that places a specific value on free agents and generally will not push too far beyond that. This would seem to show the value of the 49ers fiscal sanity one more time.

For more on this signing and all sorts of 49ers news, head over to Niners Nation.