In a significant move for the San Francisco 49ers, quarterback Brock Purdy has officially signed a five-year contract extension, the details of which were revealed on Wednesday by Mike Florio of ProFootballTalk. This extension underscores the team's commitment to Purdy as they aim for future success.
The financial specifics of Purdy's contract are noteworthy. He is set to earn $41.1 million in 2025, $46.996 million in 2026, $27.25 million in 2027, $55.05 million in 2028, $49.95 million in 2029, and $50 million in 2030. While the figures for 2025 and 2026 appear substantial, Purdy's cap hit for 2025 will only be $9.1 million. This lower cap hit is largely due to a prorated signing bonus of $40 million, making it manageable for the team.
In 2026, when a prorated option bonus kicks in, Purdy's base salary will increase to $8.29 million, resulting in a cap hit of $24.796 million. While this is a considerable jump compared to his previous rookie deal, it will only account for slightly over 8% of San Francisco’s total cap expenditure that year. Given Purdy's impressive performance as a starter, this can still be viewed as a bargain for the 49ers.
The extension provides the 49ers with essential flexibility as they look to enhance their roster. With Purdy's affordable cap hits in 2025 and 2026, the team can focus on acquiring young talent through the draft in 2024 and 2025. This strategic approach allows them to retain premium draft picks for future seasons, while also having the option to make bold trades or signings to push for a Super Bowl victory.
For Purdy, proving his worth during the first two years of this deal is crucial. The 49ers have an exit strategy in 2027, meaning that he needs to demonstrate consistent high-level performance to remain with the team. Through 2027, Purdy is guaranteed $115.346 million, with a cap hit of $30.8 million if he stays on the roster. However, the final three years of his contract present significant challenges, with cap hits projected at $57.6 million in 2028, $72.5 million in 2029, and $64.5 million in 2030.
Importantly, all of Purdy's $55.05 million salary for 2028 will become fully guaranteed at the start of the 2027 league year. Should the 49ers choose to cut him before April 1, 2027, they can sidestep this considerable financial burden.
As the 49ers’ roster includes key players like George Kittle, Christian McCaffrey, Fred Warner, and Trent Williams, all of whom are in or nearing the latter stages of their careers, the pressure to capture a sixth Lombardi Trophy intensifies. With the potential for a decision on Purdy looming in under two years, the urgency for him to guide the 49ers to championship success is palpable.
Purdy has secured a deal that reflects his value, and the 49ers are optimistic about his role as the franchise's future. With the current contract providing a financial advantage in the coming seasons, it’s essential for both Purdy and the team to thrive and work towards a successful championship run.
