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Report: 49ers QB Brock Purdy Signs Five Year, $265 Million Extension

This is great news or terrible news depending on how you look at it.

Grant Cohn

Jan 5, 2025; Glendale, Arizona, USA; San Francisco 49ers injured quarterback Brock Purdy prior to the game against the Arizona Cardinals at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
Jan 5, 2025; Glendale, Arizona, USA; San Francisco 49ers injured quarterback Brock Purdy prior to the game against the Arizona Cardinals at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images / Mark J. Rebilas-Imagn Images
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This is great news or terrible news depending on how you look at it.

It's certainly terrific news for Brock Purdy. He just signed a five-year, $265 million extension with the San Francisco 49ers according to reports. Of that $265 million, $165 million is guaranteed through the first three seasons. So the deal seems slightly frontloaded. We'll learn more when the rest of the details come out.

Technically, Purdy is getting paid $53 million per season on average, slightly less than Miami Dolphins quarterback Tua Tagovailoa who signed an extension worth $53.1 million per season last year. Purdy probably is a better quarterback than Tua, so in that sense, this is a good deal for the 49ers considering how expensive quarterbacks are.

But the Dolphins are mediocre and they're not going anywhere, largely because they're paying Tua too much money. Do the 49ers really want to be the Dolphins? Or the Jaguars who are stuck paying Trevor Lawrence $55 million per season?

I could be wrong, but I'm guessing the only team in the NFL that would pay Purdy $53 million per season is the 49ers. And that means they most likely negotiated against themselves. Instead of forcing Purdy to play out his rookie contract and prove himself, they rewarded him with a huge extension after a down season. That's a dangerous precedent to set as a franchise.

The 49ers are celebrating today. In a year or two, they could have serious buyer's remorse. It's hard to see their Super Bowl window re-opening while they're paying Purdy this much money.

I guess we'll see.

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Grant Cohn
GRANT COHN

Grant Cohn has covered the San Francisco 49ers daily since 2011. He spent the first nine years of his career with the Santa Rosa Press Democrat where he wrote the Inside the 49ers blog and covered famous coaches and athletes such as Jim Harbaugh, Colin Kaepernick and Patrick Willis. In 2012, Inside the 49ers won Sports Blog of the Year from the Peninsula Press Club. In 2020, Cohn joined FanNation and began writing All49ers. In addition, he created a YouTube channel which has become the go-to place on YouTube to consume 49ers content. Cohn's channel typically generates roughly 3.5 million viewers per month, while the 49ers' official YouTube channel generates roughly 1.5 million viewers per month. Cohn live streams almost every day and posts videos hourly during the football season. Cohn is committed to asking the questions that 49ers fans want answered, and providing the most honest and interactive coverage in the country. His loyalty is to the reader and the viewer, not the team or any player or coach. Cohn is a new-age multimedia journalist with an old-school mentality, because his father is Lowell Cohn, the legendary sports columnist for the San Francisco Chronicle from 1979 to 1993. The two have a live podcast every Tuesday. Grant Cohn grew up in Oakland and studied English Literature at UCLA from 2006 to 2010. He currently lives in Oakland with his wife.

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