Brock Purdy addresses 49ers extension

That five-year, $265MM pact ties Purdy to San Francisco through 2030 and ensures his earnings on his second NFL pact will vastly outweigh his first. The former ‘Mr. Irrelevant’ will receive a $40MM signing bonus, Mike Florio of Pro Football Talk details. Other notable payouts include option bonuses due in 2026 ($37.75MM), 2027 ($15MM) and 2028 ($20MM).

Purdy is assured of $100MM at signing, and the outstanding money which is not already locked in for 2027 ($15.35MM) will shift from an injury to a full guarantee on April 1, 2026. A $55.05MM injury guarantee exists for 2028, but $5MM of that total will be fully locked in early if Purdy handles at least a 50% snap share and the 49ers win the Super Bowl this year or next. Of his 2029 compensation, $7.15MM will become a full guarantee on April 1, 2028, with the remaining $5MM vesting one year later. Workout and roster bonuses are present throughout the deal, which includes a non-guaranteed base salary of $49.05MM in its final year.

With an average annual value of $53MM, this deal moves Purdy near the top of the market for quarterback compensation. His pact nevertheless falls short of similar ones signed before this offseason, and considering the trend of QB contracts leapfrogging each other as the cap continues to surge this can be viewed as a team-friendly arrangement. That is particularly true in 2027 when it comes to cashflow – which will stand at $110MM in new money at that point – as Jason Fitzgerald of Over the Cap writes.

“We want to make sure that we’re working together with our organization and setting up everybody for success,” Purdy said when speaking to the media about his extension (via ESPN’s Nick Wagoner). “It’s not just for me to get all the money as much as I can, but also, hey, let’s surround yourself with a great team and players and a great locker room, and all those things mattered.”

In addition to a major spike in pay and a series of rolling guarantees, Purdy’s deal contains a no-trade clause. A number of other terms had been agreed to in the days leading up to the agreement, per Cam Inman of the San Jose Mercury News. Just prior to the deal being signed, though, other elements – one of those likely being the clause – came up in negotiations. Franchise quarterbacks receiving no-trade clauses is nothing new, but Purdy’s deal is the first in 49ers history to include one.

“I think it’s important, yes, but also that’s something that my agent and I had discussed with what other quarterbacks have around the league and stuff in their contract,” the 25-year-old added during his press conference (via Florio). “But, for me, was it going to be a determining factor in signing it or not? No. We were very grateful that we had it in there, but… everything else that the contract entails we’re extremely excited about, so we’re just grateful how it turned out.”

Given the structure of the deal, the 49ers will have Purdy in place atop the depth chart for at least the next three seasons. San Francisco’s first opportunity to move on from the Iowa State product will come during the 2028 offseason before his next round of guarantees kicks in, as a release would yield over $41MM in cap savings while generating a dead money charge of only $16MM. If things go according to plan for team and player, though, such a move will not receive consideration.