The Ravens will receive a sixth-round draft choice in return, the sources said.
Boldin, who is in Africa on a mission, needs to pass a physical before the trade with San Francisco becomes complete.
The trade agreement was earlier reported by the Baltimore Sun.
The Ravens had reportedly asked Boldin to take a pay cut to help the team with its salary-cap situation. Boldin is scheduled to earn $6 million in the coming season. He carries a $7.531 million salary-cap figure.
Boldin told USA Today on Saturday that he was unwilling to slash his salary in order to stay with the team, citing “principles.”
“At no point, no matter how well I played, would I come back to the table and say, ‘I need more money.’ The contract that I signed was the contract that I intended to play out,” he told USA Today.
In the playoffs, Boldin caught 22 passes for 380 yards receiving (95 yards per game) and four touchdowns. He has led Baltimore in receiving yards in each of the past three seasons since being traded from Arizona. Do you think was a smart trade???
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