If there was a specific stock value to the San Francisco 49ers heading into 2020, it would be a bit worse than what it was at the end of 2019. This, namely due to some key losses the team was forced to endure after falling just short in Super Bowl LIV.
Granted, good teams have to go through this sort of thing on a year-to-year basis. Back when the Niners weren’t winning games, they boasted a significant amount of salary cap space.
That’s not the case anymore.
It’s a simple fact for good football teams.