The San Francisco 49ers have reached an agreement with star quarterback Brock Purdy on a long-term extension. He’ll get a five-year deal worth $265 million, putting him in the $53 million-per-year range that Jared Goff got from the Detroit Lions last offseason.

The five-year extension includes $181 million in guarantees, according to NFL Network’s Tom Pelissero, including $165.05 million in the first three years of the deal. According to SI’s Albert Breer, Purdy will get $215 million over the first four years.

Purdy was destined to get a long-term extension that was expected to pay him over $50 million per year. Ultimately, he becomes the seventh-highest-paid quarterback in the NFL at $53 million per year, coming behind just Dak Prescott, Joe Burrow, Jordan Love, Josh Allen, Trevor Lawrence, and Tua Tagovailoa on a per-year basis.

The 49ers quarterback has gone 23-13 in three years as the team’s starter, throwing for 9,518 yards, 64 touchdowns, and 27 interceptions for his career.

Purdy had a bit of a down year in 2024 compared to his record-setting 2023 campaign, tossing for 3,864 yards, 20 touchdowns, and 12 interceptions, as San Francisco dealt with a plethora of injuries.

Nonetheless, the 49ers made it a priority to extend Purdy this offseason, and they got it done before organized team activities (OTAs), which start later this month.

Purdy’s extension is the second major one that the 49ers have gotten done this offseason, joining George Kittle, who received a four-year, $76.4 million extension last month that made him the highest-paid tight end in the NFL.

Purdy is now extended with the 49ers through the 2030 season.