Recent reports have indicated that the San Francisco 49ers will lock starting quarterback Brock Purdy down via a big-money contract extension at some point before training camp gets underway.
For an article updated on Thursday, former agent and current CBS Sports NFL contracts and salary-cap expert Joel Corry suggested that the 49ers' negotiations with their last long-term QB1 could result in the club paying more than originally planned to make Purdy's representatives happy.
"One thing the 49ers are going to have a hard time getting Purdy's camp to understand is why Purdy should be treated worse than Jimmy Garoppolo," Corry explained. "An inexperienced Garoppolo briefly became the league's highest-paid player in 2018 after just a handful of good starts following his midseason trade from the New England Patriots several months earlier. Purdy has done a lot more than Garoppolo ever did when he signed his contract."
As noted by ESPN, Garoppolo had never made a playoff start with the 49ers when they signed him to a five-year extension worth $137.5M that included $86.4M guaranteed for the first three years in February 2018. The quarterback market has exploded since then, but Purdy has been an absolute steal for the 49ers due to having an inexpensive rookie contract as the last pick of the 2022 draft.
Purdy is in the final year of that deal.
Since his debut pro season, Purdy has guided the 49ers to a pair of NFC Championship Games and to a Super Bowl appearance. Additionally, the 2023 MVP finalist had the 49ers one play away from winning Super Bowl LVIII.
"Should Purdy and the 49ers reach an agreement, he will surely join the 10 quarterbacks with deals averaging $50M per year," Corry added. Specifically, NFL insider Mike Florio of Pro Football Talk thinks Purdy could earn at least $55.1M per year from his next deal. According to Spotrac, Dak Prescott of the Dallas Cowboys tops the list as it pertains to average annual value at $60M per season.
While it seems unlikely the 49ers will make Purdy the league's highest-paid player, his camp could argue he deserves to make more money per year than Tua Tagovailoa of the Miami Dolphins ($53.1M AAV) and Jordan Love of the Green Bay Packers ($55M AAV). Perhaps Corry is right and has determined why Purdy hasn't yet inked an extension this offseason.
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