Brock Purdy's value continues to be a hot topic among the national media and fans. The San Francisco 49ers are actively negotiating a contract extension with their young franchise quarterback, though NFL insider Tom Pelissero recently reported that the two sides are "not close."
"Nothing's imminent, from my understanding here," Pelissero added. "But certainly this is a deal that I would anticipate that all parties have a vested interest in getting done before we get to training camp."
RELATED Pelissero on Brock Purdy-49ers contract talks: 'They're not close'
The 49ers have kept the details of the negotiations under wraps, making it unclear just how far apart the two sides are. However, FS1 analyst and former NFL quarterback Chase Daniel recently weighed in on the situation and explained why a $53–55 million annual salary for Purdy should be considered a bargain.
Brock Purdy is a bargain at $50M/Yr….49ers would be lucky to get him at that.
He's better than you think. pic.twitter.com/uk21NB6269
— Chase Daniel (@ChaseDaniel) May 1, 2025
Rather than simply comparing Purdy to the 10 highest-paid players—all quarterbacks—Daniel approaches the topic from a different angle: average salary relative to the league's ever-expanding salary cap.
The 2025 NFL salary cap is set at $279.2 million, a $23.8 million increase over 2024. Many expect the cap to surpass $300 million by 2026, and Daniel believes Purdy will easily land a deal worth more than $50 million per year.
"If you gave Brock Purdy $50 million right now, he would slot in at number 11 (among the highest-paid players)," Daniel said. "Now, is he the 11th best quarterback in the league, give or take? That's fair. But when you look at the percentage of the salary cap, that's what I want to do."
Assuming a $300 million cap next year, a $50 million salary would account for just 16.7% of the 49ers' cap—a figure Daniel calls "a really reasonable deal."
Cowboys quarterback Dak Prescott is the league's highest-paid player at $60 million annually, accounting for roughly 21.5% of Dallas' cap. Even at $55 million per year, Purdy's contract would take up 19.7% of San Francisco's 2025 cap, and approximately 18.3% in 2026 if the cap rises as projected.
"Look, I understand it's a lot of money out there. I get it," Daniel added. "But when you're talking about quarterback play, when you're talking about a guy who has taken you to a Super Bowl, and almost won a Super Bowl, into two separate NFC Championship games, I believe he deserves more."
"And I say this: Brock Purdy would only be 17%(at $50 million annually), so it's not like you're throwing all this kind of money at him; $53-56 million dollars is a bargain for Brock Purdy, in my opinion."