49ers, Brock Purdy Agree To Extension

49ers, Brock Purdy Agree To Extension
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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...