The 49ers have informed wide receiver Torrey Smith of his release, a league source confirmed to CSNBayArea.com on Monday.
The news of Smith's release was first reported on Twitter by former NFL wide receiver Steve Smith.
Smith, 28, a six-year NFL veteran, had a scheduled salary-cap figure of $9.475 million for the 2017 season after signing a five-year, $40 million contract in 2015.
Smith had two disappointing seasons with the 49ers with just 53 receptions for 930 yards and seven touchdowns in 28 games.
He missed the final four games of last season and went on injured reserve with a concussion.
The 49ers were $90.6 million under the salary cap before the move to release Smith.