The 49ers have found incredible value in quarterback Brock Purdy, a seventh-round pick from the 2022 draft. Despite being initially considered a developmental prospect, he has excelled in San Francisco’s elite offense. While currently benefiting from a cost-effective rookie contract, the team will soon face the decision of extending Purdy’s deal to reflect his performance, potentially aligning with the top of the quarterback market after next season.
Here’s looking at how much Purdy is making now to get an idea of his future second contract, no doubt with a massive raise:
The 49ers, acknowledging the competition, opted not to take the undrafted free agent route with Brock Purdy. Instead, they demonstrated confidence in his potential with a four-year, $3,737,008 million contract. Purdy’s guaranteed portion amounted to $77,008 million, distributed as a signing bonus with an annual breakdown of $19,252 million.
Brock Purdy’s current annual salary averages $934,252. In his rookie season in 2022, he earned a base salary of $724,252, which increased to $870,000 in 2023 and is set to rise further to $985,000 in 2024. In the last year of his current contract in 2025, Purdy is slated to earn a base salary exceeding a million at $1.1 million. With the possibility of an early extension by the 49ers, his earnings for the 2025 regular season could potentially surpass that figure.
Analyzing Brock Purdy’s current contract sheds light on his prospective second deal, undoubtedly featuring a substantial pay increase. Initially signed to a four-year, $3,737,008 million contract, with $77,008 million guaranteed in a signing bonus, his current average annual salary stands at $934,252. His base salary has seen a progression from $724,252 in his rookie season (2022) to $870,000 in 2023 and a projected $985,000 in 2024. The upcoming ’25 season marks the first time Purdy is set to earn over a million in base salary at $1.1 million, and an early extension could result in even higher earnings.
Beyond base salaries, potential bonuses for team playoff success, including consecutive conference championship appearances, are not factored into the mentioned figures. Notably, Purdy’s Pro Bowl recognition and Super Bowl opportunity for the 2023-’24 season could lead to additional earnings. Performance-based NFL bonuses further contribute to his financial profile, and as the emerging face of the 49ers franchise, Purdy’s off-field earning potential is on the rise. A strong performance as the team’s starter in the upcoming season is likely to set the stage for a lucrative extension, rendering his current earnings a modest sum in comparison.
As Brock Purdy becomes eligible for an extension in early 2025, the quarterback market is anticipated to remain relatively stable. Among his contemporaries, the next high first-rounder due for a second contract is the Jaguars’ Trevor Lawrence, selected No. 1 overall in the 2021 draft. Notable quarterbacks from the same class, including Zach Wilson, former 49er Trey Lance, and Mac Jones, are not expected to command substantial contracts. Similarly, it’s unlikely that Justin Fields will secure a blockbuster deal.
Examining Brock Purdy’s current earnings provides insight into expectations for his future second contract, likely to involve a substantial raise. Initially signed to a four-year, $3,737,008 million deal with $77,008 million guaranteed in a signing bonus, his current average annual salary is $934,252. Over the seasons, his base salary has seen increments from $724,252 in 2022 to a projected $985,000 in 2024, culminating in $1.1 million in the final year of his contract in ’25.
Notably, potential individual bonuses for team playoff success are not included in these figures. With a Pro Bowl nod and a Super Bowl opportunity in 2023-’24, Purdy has a chance to maximize his earnings, particularly if the NFC and the 49ers secure victories.
Purdy’s on-field performance and off-field marketability as the fresh face of the 49ers franchise contribute to his earning power. As he becomes eligible for an extension in early 2025, the quarterback market is not expected to undergo significant changes. Comparisons with fellow first-rounders, including Trevor Lawrence, suggest Purdy may have an opportunity for a lucrative extension. Lawrence, aiming to rebound from a challenging season, could target an average annual salary surpassing $55 million, akin to Joe Burrow’s record-setting deal. Despite uncertainties, Purdy’s potential to secure a higher overall rate than Burrow remains plausible, considering factors such as the limited 2022 first-round QB class and Kenny Pickett’s uncertain future among the 2022 picks.
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