Purdy became eligible for a contract extension as soon as the 2024 regular season ended. For years, the 49ers have benefited from having their starting quarterback occupy only a small percentage of the salary cap. However, many expect Purdy to become one of the NFL's highest-paid players this offseason after spending three seasons on a bargain rookie contract as the final pick in the 2022 NFL Draft.
Florio believes the 49ers should take a more cautious approach rather than committing a significant chunk of their salary cap to Purdy.
"Well, I wouldn't sign him this year," Florio said when asked how negotiations might play out. "I'd make him play another year. I think it's undetermined. I would make him an offer based upon what we've seen so far."
So far, Purdy has led the 49ers to two NFC Championship Games and a Super Bowl appearance in his first two seasons. He also set a single-season franchise record with 4,280 passing yards in 2023. However, an injury-plagued 2024 campaign led to decreased production, raising questions about whether Purdy deserves a top-tier contract.
"I don't know what the magic number will be," Florio added. "The market's currently 60 million [dollars] a year. Would I offer him 35 to 40 million [dollars]? Maybe."
Florio made it clear that he would prefer the 49ers let Purdy play out his current contract before committing big money, giving the team another year to evaluate the 25-year-old quarterback.
Purdy played in 15 games last season, throwing for 3,864 yards, 20 touchdowns, and 12 interceptions while posting a 96.1 passer rating—all dips compared to his record-setting 2023 season.
The 49ers finished the season 6-11, landing in last place in the NFC West and missing the playoffs for the first time since 2020.
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