San Francisco 49ers News & Rumors

MAY 18: Purdy’s extension with the 49ers also includes a full no-trade clause for the duration of the contract, per NFL Network’s Mike Garafolo. That has become standard practice for major quarterback extensions, though it remains unclear if Purdy received a clause preventing San Francisco from applying the franchise tag on him at the end of the deal.

MAY 17: While a rolling guarantee structure will help protect Purdy down the line, he still is believed to have received a nine-figure guarantee at signing. The 49ers are giving their franchise QB $100MM locked in up front, NBC Sports Bay Area’s Matt Maiocco reports. Purdy becomes the 12th active QB to secure a $100MM full guarantee.

Passers earning less per year (from Deshaun Watson to Lamar Jackson to Justin Herbert to Kyler Murray) secured more at signing, though it will be interesting to learn how the 49ers have structured Purdy’s rolling guarantees. The seventh-round success story, who secured all of $77K when he signed his rookie deal, should see more guarantees vest a year out moving forward.

MAY 16: 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 expectations will remain high for the team’s offense.

Throughout his tenure in the Bay Area, Purdy has enjoyed the benefits of San Francisco’s left tackle and skill-position investments. Wideout Deebo Samuel was traded earlier this offseason, but Trent Williams, Brandon Aiyuk, Christian McCaffrey and George Kittle – himself the recipient of a recent extension – remain in the fold. Purdy saw his league-leading yards per attempt average (9.6) drop to 8.5 from 2023 to ’24, but a rebound could be in store provided the team can avoid the injury issues of last year.

While much of San Francisco’s offensive core has remained intact this spring, the team’s defense has undergone a number of changes. The need to budget for this Purdy extension represented a key reason for that, but in general a number of new faces will be counted on to contribute right away at important positions. The 49ers made 11 selections during last year’s draft and in doing so added necessary cost-effective options to compensate for the surge in operating cost under center.

Questions linger about how much longer the 49ers’ current core (which still includes All-Pro linebacker Fred Warner, likely the team’s next extension priority) will remain intact and thus whether or not San Francisco’s Super Bowl window is closing. The extent to which a return to contention will take place in 2025 but also well beyond that point will be driven in large part by Purdy’s ability to deliver on expectations while playing out this deal.