Jimmy Garoppolo‘s five-year, $137MM 49ers deal will pay out $86.4MM in its first three seasons, Adam Schefter of ESPN.com reports (Facebook link). This landmark agreement contains $74.1MM in injury guarantees and comes with a $28MM guaranteed roster bonus and $7MM signing bonus. Garoppolo’s 2018 base salary of $6.2MM is fully guaranteed as well. He will collect $42.6MM in the first year of the deal, Schefter reports. Field Yates of ESPN.com tweets Garoppolo will account for a $37MM cap figure this season. The 49ers entered the negotiations with more than $100MM in projected cap space.
Of Garoppolo’s $17.2MM 2019 base, $7.5MM of that is guaranteed at signing. Overall, $48.7MM of this deal is fully guaranteed at signing, Albert Breer of SI.com tweets. Despite the full contract being for a record amount, the agreement falls short of the $60MM in full guarantees Matthew Stafford received last year. Garoppolo’s two-year earnings will come in at $61.2MM, which Andrew Brandt of TheMMQB.com categorizes (Twitter link) as the true guarantee. This is $10MM more than the 26-year-old quarterback would have received had he been franchise-tagged two straight times as Kirk Cousins was, with these negotiations surely taking this into consideration.
Garoppolo’s 2020 base comes in at $23.8MM — $15.7MM of which is guaranteed for injury. The former second-round pick’s $24.1MM and $24.2MM base salaries for 2021 and 2022 are not guaranteed, Schefter reports. The escape hatch in this deal appears to exist after its third season. A Year 4 stipulation of an NFC championship game appearance, or if Garoppolo is named first- or second-team All-Pro, produces a $7.5MM injury guarantee, however. This deal’s fourth season also contains a no-trade clause, Jason La Canfora of CBS Sports tweets.
Now that the 49ers have their top offseason priority out of the way, here is the latest out of the Bay Area:
- As for the contract defensive end Cassius Marsh signed, his extension is a two-year deal worth $7.7MM, Yates reports (on Twitter). The deal includes $3.1MM fully guaranteed, per Yates. Including incentives and escalators, the pact has a maximum value of $12.7MM. That’s a surprisingly large deal for Marsh, who was released midway through the 2017 season by New England.
- The 49ers are expected to target cornerback help in free agency, Matt Barrows of the Sacramento Bee reports. Considering San Francisco is still expected to have more than $60MM in cap space after the Garoppolo deal, the team could afford to pursue top-market solutions here. Trumaine Johnson, Kyle Fuller, Malcolm Butler look to as of now represent the top tier of targets. And with the 49ers still expected to possess more cap space than most teams even after authorizing the richest extension in NFL history, they should be in a commanding position to outflank opposition on the market.
- Right tackle Trent Brown‘s now extension-eligible, being a fourth-year player, but Matt Maiocco of CSNBayArea.com doesn’t see the 49ers pursuing a re-up this offseason. Maiocco notes the 49ers now have enough questions about Brown’s future they may hold off on extension talks that were once expected to commence. Brown, whom Maiocco reports underwent shoulder surgery this offseason and still faces a lengthy rehab process, hitting the 2019 market would likely induce a bidding war. John Lynch previously said he expects Brown to be a cornerstone player, which would indicate he’ll be on the team beyond his contract year. But it appears the 49ers are in a wait-and-see pattern regarding their right-edge protector at present.
Zach Links contributed to this report.