The biggest news surrounding the San Francisco 49ers today—and likely the entire offseason—is the team locking in quarterback Brock Purdy with a massive five-year, $265 million contract extension. The deal reportedly includes a total of $181 million in guarantees.
RELATED 49ers sign Brock Purdy to a five-year, $265M contract extension
However, even more significant is the fully guaranteed money tied to the deal, which Matt Maiocco of NBC Sports Bay Area reports is an impressive $100 million. Fully guaranteed money is the amount a player is guaranteed to receive no matter what, while total guarantees include that amount plus additional money that may become guaranteed later.
Brock Purdy's five-year, $265 million extension includes a whopping $100 million fully guaranteed at signing, source says. It's far-and-away the richest contract in 49ers history. The deal has $181 in overall guaranteed money, @AdamSchefter reported.
— Matt Maiocco (@MaioccoNBCS) May 16, 2025
If accurate, that fully guaranteed amount ranks among the top 12 in the NFL, just behind Green Bay Packers quarterback Jordan Love, whose deal includes $100.8 million fully guaranteed, per Over The Cap.
Purdy's new $53 million average annual salary ties him with Detroit Lions quarterback Jared Goff as the seventh-highest-paid player in the league. His $181 million in total guarantees ranks eighth among all players.
Maiocco also noted that the contract is expected to be finalized next week, so we may have to wait a bit longer to learn the year-by-year salary cap implications of this blockbuster deal.
The 49ers' deal with Brock Purdy is through the 2030 season and should be official next week, source said.
— Matt Maiocco (@MaioccoNBCS) May 16, 2025
For now, the 49ers have avoided the kind of prolonged contract disputes that have hampered other negotiations in recent years, securing their young franchise quarterback ahead of organized team activities (OTAs), which begin May 27.