Brock Purdy’s NFL journey has taken another remarkable turn, as the San Francisco 49ers and their breakout quarterback have reportedly agreed to a massive five-year contract extension worth up to $265 million, with $181 million guaranteed. The deal marks a stunning ascent for the former seventh-round draft pick, who entered the league as the final selection in the 2022
NFL Draft and has since become the face of the 49ers' franchise.
Purdy’s new contract will pay him $165 million in guarantees over the next three years, solidifying his status as one of the highest-paid quarterbacks in the league. While the deal places him firmly among the NFL’s elite in terms of guaranteed money, it does not reset the quarterback market. Dallas Cowboys quarterback Dak Prescott still holds the top spot in average annual value (AAV) at $60 million per year.
The 49ers’ decision to commit long-term to Purdy answers one of the most pressing questions of the 2024
NFL offseason: not just if they would extend their quarterback, but how much they were willing to invest in him. After taking over the starting role and leading San Francisco deep into the postseason, Purdy has proven his value as a poised, efficient leader under center.
His rise from "Mr. Irrelevant" to one of the NFL’s highest-paid players is unprecedented and signals a full vote of confidence from the 49ers’ front office. The deal not only rewards his past performance but also locks him in as the franchise’s cornerstone for the foreseeable future.
With Purdy now under contract through the prime of his career, the 49ers can shift focus toward building a championship-caliber roster around their quarterback — one who has gone from draft afterthought to multi-million-dollar leader in just two seasons.
