Over the weekend, NFL Network's Mike Garafolo added another major detail—the contract includes a full no-trade clause. That addition signals just how committed the 49ers are to their 25-year-old signal-caller. With Purdy already due to earn roughly $5 million in 2025 under the final year of his rookie contract, the full value of his new deal could surpass $270 million over six years.
Albert Breer of Sports Illustrated provided further insight into how the deal came together. Negotiations began with an in-person meeting in Santa Clara between Purdy's camp and the 49ers. A second meeting took place during the NFL Scouting Combine at the iconic St. Elmo Steak House in Indianapolis, where both sides laid out their priorities.
The 49ers made it clear early on that the deal wouldn't break NFL records. While it would be the largest in franchise history, they weren't aiming for numbers near the top tier of quarterback contracts, such as those of Dak Prescott. Purdy's camp, meanwhile, emphasized the need for strong cash flow, significant guarantees, and a contract structure that reflected his value as the team's franchise quarterback.
Ultimately, the two sides finalized the deal last week, ensuring it was done ahead of organized team activities (OTAs), which begin May 27.
Breer also shared a breakdown of the contract terms—some of which were new, while others had been previously reported. The full details are expected to be released soon, but here's what we know so far:
$215 million in new money over four years (2025–2028), totaling $220.3 million over the first five years.
$165.05 million in new money over the first three years, narrowly edging out Jared Goff's comparable deal in Detroit.
$181 million in injury guarantees, with $176 million either fully guaranteed at signing or vesting a year in advance, effectively locking in the money.
62% of the total contract value will be paid within the first three years, leading most other elite quarterback contracts in early cash flow.
No-trade clause, a first for any 49ers player—a key win for Purdy's side that wasn't originally on the table.
A realistic back-end structure: Purdy will earn $50 million in 2030, a figure in line with his 2028–2029 earnings of $55.05 million and $49.95 million. This avoids the artificially inflated final-year figures common in many modern NFL contracts.
That final point is especially notable. Many blockbuster deals front-load guarantees and back-load cap hits to capitalize on expected salary cap growth. That does not appear to be the case with Purdy's deal.
With OTAs set to begin in a week, and for the first time in years, the 49ers enter the offseason with their biggest offseason priority settled and stable. That might be the biggest win of all.
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