Schefter initially reported the contract to be worth up to $67.5 million with $34 million guaranteed. However, NFL Media's Tom Pelissero reports that it is actually worth a maximum of $72.75 million.
The Patriots made Garoppolo (6-2, 225) a second-round selection (No. 62 overall) out of Eastern Illinois in 2014. He completed 207-of-308 attempts (67.2 percent) for 2,437 yards with 16 touchdowns and four interceptions through 11 game appearances (10 starts) with the 49ers last season, per Pro Football Reference.
In 2017, San Francisco acquired Garoppolo via a trade with the Patriots. He was the 49ers' starter until this past season when Trey Lance took over the role. Lance's season-ending ankle injury during Week 2 thrust Garoppolo back into the starting lineup.
Garoppolo lasted until Week 13, when he sustained a broken foot, creating an opportunity for rookie quarterback Brock Purdy to start. Purdy helped guide the 49ers to the NFC Championship Game.
Garoppolo, 31, has completed 67.6 percent of his passes for 14,289 yards with 87 touchdowns and 42 interceptions in 74 game appearances (57 starts) through his nine NFL seasons with the Patriots and 49ers.
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