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Another chapter unfolds in the 49ers-Trent Williams contract negotiations.

San Francisco let a key contract deadline pass on Friday, but don’t mistake that for concern inside the building.

General manager John Lynch remains confident the team will eventually reach an agreement with star left tackle Trent Williams, even as negotiations continue to stretch into the offseason.

Friday’s 1 p.m. PT deadline centered around a $10 million option bonus in Williams’ deal, one the 49ers chose not to exercise.

The decision bumps Williams’ 2026 cap hit from roughly $38 million to over $47 million, a sizable jump that would normally raise eyebrows.

Instead, the move appears to be part of a calculated approach as both sides continue working toward a revised contract.

Despite the increased cap number, there’s a clear expectation that this situation is far from finished.

League sources have indicated the 49ers are still planning to rework Williams’ deal before the NFL Draft, a move that could free up significant cap space.

A new extension would likely create around $16 million in relief, giving San Francisco more flexibility heading into the next phase of roster building.

The holdup, as it has been for much of the offseason, centers on guaranteed money.

While Williams remains one of the highest-paid left tackles in football in terms of annual value, his deal doesn’t match the top tier when it comes to guarantees.

That gap is believed to be the key issue both sides are trying to close.

Even so, Lynch has consistently struck an optimistic tone when discussing the situation.

“We know what Trent means to this team,” Lynch said previously. “We’re working through it, and we feel good about where things are heading.”

There’s good reason for that confidence. Williams is still playing at an elite level, earning Pro Bowl honors and second-team All-Pro recognition in 2025.

At nearly 38 years old, he continues to anchor one of the league’s top offensive lines and remains a critical piece of the 49ers’ Super Bowl aspirations.

From a roster standpoint, there’s no clear fallback plan. San Francisco added Vederian Lowe in free agency and retained Austen Pleasants, but both moves were made with depth in mind, not as replacements for Williams.

Simply put, the 49ers need their franchise left tackle in place.

Williams, meanwhile, has also signaled that he expects a resolution. He has expressed interest in a short-term extension that would add guarantees while helping the team manage its cap situation moving forward.

So while Friday’s missed deadline adds another wrinkle, it hasn’t changed the bigger picture.

The 49ers and Trent Williams are still aligned on the end goal; it’s just a matter of finalizing the details, and if Lynch’s confidence is any indication, that finish line may not be far off.