Beginning in irrelevance, Brock Purdy has reached affluence after three NFL seasons.
Purdy and the San Francisco 49ers have agreed to terms on a five-year, $265 million deal, NFL Network Insiders Ian Rapoport, Mike Garafolo and Tom Pelissero reported on Friday.
Purdy, who was due $5.34 million in the upcoming final year of his rookie contract, will receive $181 million in total guarantees, including $165.05 million in the first three years of a deal that runs through the 2030 season.
The $265 million total value for the extension would rank Purdy fifth in the NFL, while the $53 million annual average is tied for seventh, according to Over the Cap.
Purdy’s long-anticipated extension checks off the most important item on an eventful offseason agenda for the 49ers.
A perennial Super Bowl contender since 2019, San Francisco fell upon hard times in a 6-11 2024 campaign. In the aftermath, the 49ers saw plenty of talent move on in the offseason. As perhaps surprisingly pointed out by 49ers chief executive officer Jed York, some of the roster reshuffling was due to making room for Purdy to transform from an all-time bargain to one of the top-paid players in the game.
Purdy’s impending haul has been a conversation of much consternation as his underdog story has been met by critics aplenty, many of the belief that he’s simply a product of Kyle Shanahan’s offensive system. Regardless of opinions, Purdy has produced inarguable success.
Over three years, Purdy, 25, has played in 40 games with 36 starts, earning a 23-13 record, 9,518 yards, 64 touchdowns and 27 interceptions. He sparkled in his first full season as a starter in 2023, earning a Pro Bowl selection when he threw for 4,280 yards and 31 touchdowns while leading the NFL in touchdown percentage (7.0), yards per attempt (9.6) and passer rating (113.0). San Francisco also advanced to the Super Bowl that season, with the big game standing as Purdy’s sixth postseason contest.
That’s far more playoff experience than his now-high-priced contemporaries Jordan Love, Trevor Lawrence, Tua Tagovailoa and Kyler Murray.
The Niners struck gold when they picked Purdy out of Iowa State with pick No. 262 of the 2022 NFL Draft. Purdy was the final selection of the draft, known as Mr. Irrelevant. He has already emerged as the most successful Mr. Irrelevant ever and, for that matter, the most prosperous quarterback taken in his draft class. The only first-rounder taken in 2022, Kenny Pickett by the Pittsburgh Steelers, is on his third roster. Of the nine QBs drafted that year, Purdy is the sole signal-caller still with the franchise that picked him.
While Purdy remains with the 49ers, wide receiver Deebo Samuel and running back Jordan Mason were traded. Defenders Javon Hargrave, Leonard Floyd, Talanoa Hufanga, Dre Greenlaw and Charvarius Ward have all moved on, as have offensive linemen Aaron Banks and Jaylon Moore.
Though the offseason has been marked by a mass exodus of talent, it’s also notable for its lack of contract drama, which was noted by tight end George Kittle, who recently signed a lucrative extension of his own.
Purdy has been in attendance for voluntary workouts and 49ers general manager John Lynch has spoken positively about the team and the QB’s representation making progress.
It’s a massive difference from past years in which Samuel, defensive end Nick Bosa, left tackle Trent Williams and wide receiver Brandon Aiyuk had their contract extension situations linger long into the summer.
As the 49ers undergo a roster reset of sorts, Purdy will be looked upon to lead the way.
San Francisco will aim to avoid back-to-back losing campaigns for the first time since Shanahan’s first two seasons in 2017-18. The 49ers will look to do that with a vastly different roster than the one that was viewed as a Super Bowl contender for the better part of the past six seasons.
There is plenty of uncertainty ahead, but the 49ers’ belief in Purdy as their franchise QB has been cemented.
