49ers Quarterback Brock Purdy Set for Extension Talks Amid Rising Market

San Francisco 49ers quarterback Brock Purdy will be eligible for a contract extension at the conclusion of the current season, and recent reports indicate that the team is eager to secure its rising star for the long term. However, discussions about Purdy’s next deal are already drawing significant attention, as the team weighs its options and evaluates how to approach negotiations with its emerging franchise quarterback.

The Case for a Multiyear Extension

Reports from last month suggested that the 49ers aim to finalize a multiyear deal for Purdy this offseason. However, insiders note that the team could also consider delaying a decision, potentially utilizing the franchise tag in 2026 if necessary. That said, the preference remains to strike a long-term accord sooner rather than later, avoiding the uncertainty and escalating costs associated with waiting.

Comparisons to recent deals for quarterbacks like Jordan Love and Trevor Lawrence highlight the stakes. Both Love and Lawrence secured contracts worth approximately $55 million annually, despite arguably having less proven success than Purdy at the time of their negotiations. Given Purdy’s postseason accomplishments and consistent performance, it’s reasonable to expect that his camp will seek at least a comparable figure, if not more.

Potential Contract Scenarios

Much of the contract’s outcome will depend on how ambitious Purdy’s representatives choose to be. If Purdy’s camp aims for a deal in the range of Dak Prescott’s $60 million annual average value or Joe Burrow’s record-setting $146.51 million in full guarantees, the 49ers may hesitate. Despite Purdy’s success, those figures represent the pinnacle of quarterback contracts and could strain San Francisco’s salary cap.

Alternatively, a deal similar to Jordan Love’s four-year, $210 million contract, which includes $100 million in fully guaranteed money, could be more palatable for both parties. For Purdy, a seventh-round pick who has earned less than $3 million over his first three years, such a contract would represent a life-changing payday and reflect his rising stature in the league.

Purdy’s Rising Stock

Purdy has consistently proven himself as a top-tier quarterback, finishing the 2023 season as the league leader in both QBR and traditional quarterback rating. Though his production has dipped slightly in 2024—he currently ranks 13th among regular starters in quarterback rating—his performance remains commendable, especially given the challenges he has faced. Key offensive players Brandon Aiyuk and Christian McCaffrey have missed significant time, as has future Hall of Fame left tackle Trent Williams. Despite these setbacks, Purdy has adapted, improving his mobility and rushing output with 323 yards and five touchdowns on the ground.

While Purdy may not yet be in the elite tier of quarterbacks who can carry a team single-handedly, his ability to thrive with adequate support makes him an invaluable asset. The 49ers are in the midst of a competitive window, and locking down their QB1 could help maintain their status as a perennial contender.

Timing is Key

For the 49ers, the timing of Purdy’s extension is crucial. Waiting too long risks facing an even higher market for quarterbacks as new deals continue to push salary expectations upward. The organization appears eager to avoid the protracted negotiations that plagued the Dallas Cowboys during Prescott’s early extension talks, which resulted in a higher price tag over time.

Final Thoughts

As the 49ers navigate this pivotal decision, all signs point to a willingness to reward Purdy for his contributions while ensuring the team’s financial flexibility for years to come. Whether they strike a multiyear deal or adopt a more cautious approach, one thing is clear: Brock Purdy has earned his place at the center of San Francisco’s plans, and his next contract will reflect his growing stature in the NFL.