So if I understand this right, the Pat's originally had Hoyer included in the trade and then they rembered that Homer would count against the comp pick formula and would cancel out the 4th red pick that they are going to get for Bennett, so the 49ers ( who signed a ton of FA and weren't going to get any comp picks anyway) just released him. Meaning Homer can still sign with the Pats, won't count in the comp pick formula, and can take his 6 million salary as termination pay, and keep whatever the Pats pay him.
That is Ernie level debouchery! Harbaugh will be in tears!!!