Brock Purdy will not need to wait until training camp to ink his extension. The 49ers’ starting quarterback agreed to a deal Friday, Tom Pelissero, Ian Rapoport and Mike Garafolo of NFL Network report.
This will be a five-year, $265MM pact, Purdy’s agent informed the NFLN trio. The league’s latest monster QB deal includes $181MM in total guarantees; that figure consists of $165.05MM covering the next three seasons. Purdy is now on the books through 2030. The $181MM amount represents the injury guarantee, and Sports Illustrated’s Albert Breer notes it contains a rolling structure.
San Francisco has long known a mega-pact was coming in this case. Whereas many of the team’s big-ticket extensions have dragged into the summer during recent years, that will not be the case with respect to Purdy. The former ‘Mr. Irrelevant’ has handled starting duties since midway through his rookie campaign, and that will remain the case – as the team hoped – for many years to come.
Purdy was due to collect a base salary of $5.35MM in 2025, the final year of his rookie pact. A massive raise was known to be in store, and negotiations began not long after the end of the season. Progress was made in relatively short order, and general manager John Lynch targeted voluntary offseason workouts as a timeline for an agreement to be in place. Indeed, prior to the start of San Francisco’s OTAs, the team’s most impactful piece of business has been taken care of. The fact Purdy was present for the beginning of voluntary work last month represented a clear sign this agreement was close.
This deal’s AAV of $53MM moves Purdy into a tie for seventh amongst quarterbacks in terms of annual earnings. The 25-year-old is on level terms with Jared Goff and narrowly behind Tua Tagovailoa in that respect; both of their deals were signed last offseason. In all, 11 signal-callers are now attached to a pact averaging at least $51MM per year.
Trey Lance and Jimmy Garoppolo going down with season-ending injuries in 2022 opened the door for Purdy to take over as the team’s starter. The Iowa State product helped lead San Francisco to the NFC title game that year and to the Super Bowl during the following campaign. Despite making a clear error by trading up to the No. 3 slot in 2021 to draft Lance, the 49ers have thus received stable QB play (and at a fraction of the cost of veteran passers, of course). That will no longer be the case moving forward, but…