Brock Purdy agreed to a five-year contract extension worth 265 million with the San Francisco 49ers, going from the NFL's biggest bargain to one of the league's highest-paid players.
A person familiar with the deal told The Associated Press that the sides reached agreement Friday on the contract that includes 181 million in total guarantees. The person spoke on condition of anonymity because the team hadn't announced the deal yet.
NFL Network first reported the deal.
Purdy has made less than 1 million a year for his first three seasons and was set to get a small raise in 2025 to about 5.2 million under the league's proven performance escalator for making the Pro Bowl last season before reaching this new deal that puts Purdy in the top 10 in quarterback contracts.
After several lengthy contract disputes in recent years, the Niners got this deal done with Purdy with no drama. He reported to the start of the offseason program and now has his new contract before on-field practices start later this month.