Brock Purdy and the San Francisco 49ers have agreed on a contract extension, the team announced on Friday, May 16.
The former Iowa State football quarterback agreed to terms on a five-year, $265 million deal that features $181 million in total guarantees, an average annual value (AAV) of $53 million.
The news comes after several months of negotiations as the former Cyclone entered the final year of his rookie contract, which carried a salary cap hit of around $5.36 million after earning about $2.63 million for his first three seasons combined.
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Purdy helped guide the 49ers to a Super Bowl appearance as a rookie and has a 23-13 record in 36 regular-season starts over three seasons. His best season was in 2023, when he was named to the Pro Bowl and finished fourth in MVP voting after throwing for 4,280 yards, 31 touchdowns and 11 interceptions.
San Francisco earlier this offseason also signed George Kittle to a four-year extension worth up to $76.4 million with $40 million in guarantees, making the former Iowa Hawkeye the highest-paid tight end in NFL history.
Purdy was drafted with the final pick (262nd) of the 2022 NFL Draft.
More: Former Iowa State star Brock Purdy evaluates two Cyclones NFL Draft prospects
Brock Purdy stats
2024 (15 games): 65.9% completion, 3,864 yards, 20 TDs, 12 INTs
2023 (16 games): 69.4% completion, 4,280 yards, 31 TDs, 11 INTs
2022 (9 games): 67.1% completion, 1,374 yards, 13 TDs, 4 INTs
This article originally appeared on Des Moines Register: Brock Purdy signs big contract extension with San Francisco 49ers
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