RELATED
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.
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.
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.
More San Francisco 49ers News
-
49ers vs. Eagles injury report: San Francisco gets massive boost before playoff clash
The San Francisco 49ers are preparing for their Wild Card Round playoff contest against the Philadelphia Eagles on Sunday at Lincoln Financial Field in Philadelphia, Pennsylvania. Great news for 49ers fans: All-Pro left tackle Trent Williams returned to the practice field,... -
Brock Purdy sends clear message on 49ers' mindset ahead of Eagles playoff game
The San Francisco 49ers had a chance to secure rest and home-field advantage in Week 18. A win over the Seattle Seahawks would have delivered the No. 1 seed and a first-round bye in the NFC playoffs. Instead, a loss in the regular-season finale sends San Francisco on the road... -
49ers' Brock Purdy sounds confident Trent Williams will play vs. Eagles
The San Francisco 49ers were without future Hall of Fame left tackle Trent Williams in Week 18 against the Seattle Seahawks. Williams suffered a hamstring injury on the first offensive play of the previous game against the Chicago Bears, forcing him to miss most of that contest... -
Vic Fangio: 49ers QBs Brock Purdy, Mac Jones have similar skill sets
The Philadelphia Eagles are preparing to host the San Francisco 49ers on Sunday in an NFC Wild Card playoff matchup. The two franchises have met just twice in the postseason, splitting those meetings with one win apiece. The 49ers enter the playoff game banged up, a familiar...