The 49ers waived Bell after a frustrating season, where he managed only two catches for 22 yards despite ample playing time following Aiyuk's injury.
Any team claiming Bell on waivers will inherit his remaining 2024 salary and part of the $2.2MM owed for 2025 and 2026, though it's not guaranteed.
Given Bell's underwhelming performance in 2023, it's likely that teams will be hesitant to claim him off waivers.
If Bell clears waivers, he becomes a free agent, eligible to join any active roster or practice squad after ending his time with the 49ers.
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