49ers, Brock Purdy agree to massive 5-year, $265 million contract extension: reports

LeSean McCoy, James Jones, Chase Daniel and Ric Bucher discuss whether the San Francisco 49ers would make a mistake by paying Brock Purdy Top-5 QB (over $50M) money or not.

The San Francisco 49ers and star quarterback Brock Purdy reportedly have agreed to a five-year, $265 million contract extension on Friday, per ESPN.

Purdy, 25, goes from "Mr. Irrelevant" in the 2022 NFL Draft to one of the highest paid quarterbacks in the NFL. 

Purdy will reportedly receive $181 million in total guaranteed money, with $165.05 million of that coming in the first three years of the contract, per NFL Network. The contract runs through the 2030 season. 

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San Francisco 49ers quarterback Brock Purdy (13) jogs off the field after an NFL football game against the Los Angeles Rams in Santa Clara, Calif., Thursday, Dec. 12, 2024.  (AP Photo/Jed Jacobsohn)

In three seasons, Purdy has a 23-13 regular-season record and made the Pro Bowl once. He is 4-2 in the playoffs.

Purdy was thrust into action during his rookie season when quarterbacks Trey Lance and Jimmy Garoppolo both got injured. 

In five regular-season starts his rookie season, Purdy went 5-0, completing 67.4% of his passes for 1,374 yards with 13 touchdowns and four interceptions. His rookie year performance carried over into his second season.

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San Francisco 49ers quarterback Brock Purdy (13) prepares to pass against the Dallas Cowboys during the first quarter at Levi's Stadium. (Neville E. Guard-Imagn Images)

In 16 starts, Purdy led the 49ers to a 12-4 record and finished fourth in MVP voting. The Iowa State product completed 69.4% of his passes for 4,280