2025 salary & option for about $17 mill for Deebo is not guaranteed. But, all of the restructuring SF did will cost them when they cut him. He's a $31 mill Dead cap if they move off him. $9.6 mill left in SB and $16 mill from his 2024 salary restructure along with $5.4 in option bonus left to hit.
That's all been paid, so even if SF traded Deebo, they are eating that $31 mill.
So, when SF did those restructures in 23 and 24, fans got excited, but all SF did was push the cap charges into future years.