MONDAY, 6:19pm: Boone has passed his physical and returned to the 49ers, the team announced in a press release. San Francisco has asked for a roster exemption for Boone, who must be added to the 53-man roster before he is eligible to play.
SUNDAY 11:29am: Pro Bowl guard Alex Boone is expected to report to the 49ers within the next 24 hours, reports Adam Schefter of ESPN (via Twitter). He and the team have agreed to a reworked two-year contract in order to get him back with the team.
A key part of the deal is language that prevents the team from franchising him at the end of the two year deal, reports Jason Cole of Bleacher Report (via Twitter). Boone will be a true free agent at the end of the new deal, free to sign with any team.
Boone was set to make $3.7MM total over the next two years, and that number would increase to $6MM during the length of the contract, reports Pro Football Talk (via Twitter). They also note that the team has waived all fines and bonus forfeitures related to the holdout (via Twitter).