Football fans are shocked over how much San Francisco 49ers quarterback Brock Purdy will pay in taxes on his $265 million extension.
Last week, Purdy and the 49ers agreed to a lucrative five-year deal worth $265 million that includes $181 million in guarantees. The 2022 “Mr. Irrelevant” was heading into the final season of his four-year rookie deal.
It’s easy to be blown away by that $265 million figure, but Purdy will only take home about 50 percent of that when all is said and done. Like every honest and hard-working citizen, Purdy also has to pay his taxes, and the state of California has one of the highest state tax rates in the country.
As noted by the ML Football X/Twitter account, Brock Purdy will pay $19.567 million in federal income tax, $7.529 million in California state tax, $1.254 million in federal payroll taxes and $1,686 in the California State Disability Insurance taxes. That amounts to $28.352 million in taxes, meaning he’ll take home $24.647 million of his $53 million average annual value.
🚨🚨AWFUL🚨🚨#49ERS QB BROCK PURDY WILL ONLY MAKE 24 MILLION DOLLARS AFTER TAXES IN CALIFORNIA.
Federal Income Tax: $19,567,892
California State: $7,529,000
Federal Payroll Taxes (FICA): $1,254,153
California SDI Tax: $1,686
Total Taxes: $28,352,731
Net Income: $24,647,269— MLFootball (@_MLFootball) May 22, 2025
Social media had plenty of interesting reactions to the post about Purdy’s hefty tax bill.
“It really is an uneven playing field for states like CA, NY, MA vs Tennessee, Texas and Florida,” one user wrote.
It really is an uneven playing field for states like CA, NY, MA vs Tennessee, Texas and Florida.
— The Patriots Podcast (@ThePatsPod) May 22, 2025
“People in California literally voted for this,” said another.
People in California literally voted for this.
— Harry Berries (@MrHarryBerries) May 22, 2025
“Bruh really lost a whole Josh Allen contract to taxes 💀 playing QB in Cali should come with hazard pay,” wrote a fan.
Bruh really lost a whole Josh Allen contract to taxes 💀 playing QB in Cali should come with hazard pay.
— DJ MacTen (@DJ_MacTen214) May 22, 2025
“This is robbery,” quipped a fan.
This is robbery
— Haze (@JusDaMain_Event) May 22, 2025
“That’s insane!” wrote another.
That's insane!
— Creative Monster (@CreatveMonster) May 22, 2025
“So sad only 24 million dollars, how will he ever live?” remarked a fan.
So sad only 24 million dollars, how will he ever live?
— Jerm (@Ayo_Jermm) May 22, 2025
Obviously, there’s a huge gap between $53 million annually and $24.647 million annually, but Purdy is still making more than enough money to set up his family, future children, grandchildren and great-grandchildren.
If Purdy continues to play at a high level, he’ll secure himself at least...