The 49ers signed free agents Parrish and Moran to multi-year deals on Tuesday, getting two key defensive pieces for roughly the same price that was being asked for on the open market by unrestricted free agent Schulters, San Franciscos starting safety the past three seasons.
"Not only were we able to get a player like Tony Parrish, we also were able to get a player like Sean Moran," Niners general manager Terry Donahue said. "Were excited about it. This allowed us to use the same number of dollars, if you will, to get two players."
Parrish, who started every game during his first four NFL seasons with the Chicago Bears, signed a five-year contract worth $12.025 million with a $3 million signing bonus.
Moran, a versatile defensive lineman who can play either tackle or end, signed a three-year deal worth $2.4 million with a $400,000 signing bonus.
Parrish is projected to immediately move into the starting lineup at strong safety to replace Schulters, who now is likely to sign with the Tennessee Titans. Moran will give the Niners some much-needed depth along their defensive line.