Spotrac managing editor Michael Ginnitti has projected the values of five notable upcoming contract extensions, including a significant deal for San Francisco 49ers quarterback Brock Purdy. Currently playing on his modest rookie contract, Purdy is poised for a massive payday once negotiations between the 49ers and his representatives are finalized. The expected outcome? The largest contract in franchise history.
Ginnitti forecasts a four-year, $194 million deal for Purdy, with $100 million guaranteed. This would average $48.5 million annually—enough to place the 25-year-old among the NFL's top 10 highest-paid quarterbacks, though it wouldn't reset the market.
"Purdy's 2025 salary will escalate from $1M up to around $5M thanks to a Proven Performance Bonus (figure to be determined once the 2025 league salary cap is set)," Ginnitti explained. "It's a small consolation prize for a player who has been providing his team with as much financial value as possible for the better part of 3 seasons."
The analysis raises key questions about the upcoming negotiations.
"Has Purdy done enough to demand a near top-of-the-market contract?" Ginnitti asks. "Does his value outside of the 49ers create leverage? Will the Niners play hardball here? Common sense says the two sides move quickly on this deal, coming in at a healthy, but not crushing, bottom line number."
While Purdy's 2023 campaign was spectacular—highlighted by a single-season franchise record of 4,280 passing yards—his 2024 season was less impressive, impacted by the team's overall struggles.
Injuries and mistakes contributed to a disappointing 6-11 record, with Purdy finishing the year with 3,864 passing yards, 20 touchdowns, 12 interceptions, and a 96.1 passer rating, all worse than the previous season.
Despite the dip in production, general manager John Lynch reaffirmed the organization's faith in Purdy following the season.
"Listen, I think what we know about Brock is that he's our guy," Lynch said. "We have interest in Brock being around here for a long, long time. He's done so much for our organization."
Both Purdy and the 49ers hope the offseason negotiations proceed quickly and smoothly, avoiding the drawn-out contract discussions like those the team has endured in recent years.
"For me, I want to, obviously, get it done," Purdy admitted. "If that's an opportunity to be able to get that done quick, that'd be great, just so we can get back for phase one, get after it with the receivers and our team, and just continue to grow because we've all gotta grow together."