The Baltimore Ravens agreed to trade wide receiver Anquan Boldin to the San Francisco 49ers Monday, according to the Baltimore Sun.
The Ravens, who beat the 49ers in the Super Bowl last month, will receive a sixth-round pick in return, according to the report.
The Ravens previously asked Boldin to take a pay cut to relieve their cap situation but Boldin was unwilling. The 32-year-old receiver is set to earn $6 million in 2013 with a $7.531 million cap hit.
The trade comes after the Seattle Seahawks landed receiver Percy Harvin from the Minnesota Vikings for a first-round pick in the upcoming draft. The 49ers were rumored to be in the hunt for Harvin before he was traded.