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Sources - 49ers, Brandon Aiyuk reach 4-year, $120M extension - ESPN

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SANTA CLARA, Calif. — The dramatic roller-coaster ride that has been the high-stakes contract negotiations between the San Francisco 49ers and wide receiver Brandon Aiyuk ended where it all began when this started more than six months ago — with the Niners and Aiyuk sticking together for the long haul.

Aiyuk and the Niners on Thursday agreed to terms on a four-year, $120 million contract extension that will keep him in San Francisco through the 2028 season, sources told ESPN's Adam Schefter.

It's the same deal that has been on the table from the 49ers since Aug. 12, league sources told Schefter. Aiyuk joins Miami Dolphins star Tyreek Hill as the fifth-highest-paid receivers in the NFL with an average annual value of $30 million per season.

The San Francisco 49ers will enter the 2024 NFL season as the only team with eight players earning an average annual salary of $15 million or more.

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