While the much anticipated long-term deal for 49ers quarterback Brock Purdy does not appear imminent, an NFL insider provided insight on the contract’s expected value.

With the matter of the Brock Purdy contract extension, it’s never been a matter of if the deal will get done.

Though are plenty of Purdy skeptics, none exist in the 49er organisation, and the franchise brass has made clear its intention to ensure he is signed to a long-term contract.

The two overriding questions with the Purdy contract surround when it will get done and, more pertinently, how much the 49ers will ultimately decide to pay him.

The latter question grew more pressing in the wake of the 49ers slumping to a 6-11 record in 2024. While it does not appear as if the 49ers are any closer to reaching a resolution with Purdy, Fox Sports’ Jordan Schultz offered an update on where his deal will likely land in terms of average annual value.

Schultz wrote on Wednesday that the two sides are “actively negotiating”, though there does not seem to be a sense of urgency to get a deal signed in the near future. Indeed, a league source reportedly told Schultz “there’s not a rush” to get the contract resolved before next month’s draft.

On Purdy’s potential average salary, Schultz wrote:

“Earlier in the 2024 season, it seemed possible that Purdy could surpass Dak Prescott’s $60 million annual clip with the Cowboys if he had another stellar campaign and deep playoff run. While that now seems less likely, multiple sources insist that Purdy could still land “anywhere from $50-$55 million, or potentially more.”

Spotrac puts Purdy’s market value at an AAV of $59.7 million. Going off that measure, a deal in the $50-55 million range would be a win for the 49ers, especially with a rising cap likely to mean that quarterback contracts will continue to balloon and make any deal Purdy signs look cheap in a hurry.

A $50 million-plus deal for Purdy would still likely attract a lot of raised eyebrows from the doubters. However, it would be just reward for the resume he has compiled since being catapulted into the starting role late in 2022.

Purdy may well have won MVP in 2023 if not for a nightmare primetime showing against the Baltimore Ravens and eventual winner Lamar Jackson. Injuries at receiver and running back contributed to a slight step back in 2024, yet Purdy still finished ninth in the EPA + Completion Percentage Over Expectation composite metric.

A top-10 finish in that category was especially impressive as it came in a year that saw Purdy operate a markedly different offense, Kyle Shanahan putting a lot more on his plate with a heavier emphasis on pure dropback concepts.

There’s reason to believe that experience of being asked to do significantly more while working without several key weapons for long periods will be beneficial for Purdy. If that proves to be the case, a deal in the region Schultz reported will turn out to be a steal.