Tomorrow marks the start of the 49ers’ offseason program. In the case of quarterback Brock Purdy, that date could mark a sign of progress toward an extension agreement being reached.
Team and player have been negotiating since at least February, with talks heating up one month later. Getting a deal over the finish line in time for the start of voluntary workouts has been named by general manager John Lynch as a possible target. Purdy attending tomorrow would of course indicate an agreement is drawing closer.
On that note, The Athletic’s Michael Silver reports “some progress” has been made with respect to extension negotiations. The size of the remaining gap between the parties will be illustrated – at least to an extent – by whether or not Purdy is present for the start of the offseason program tomorrow. Silver adds it is unclear at this point whether or not the former ‘Mr. Irrelevant’ will be in attendance.
Given the nature of the quarterback market, a price point around $50MM has long been used to estimate the cost of a long-term Purdy deal. The final AAV figure could check in even higher, of course, and Silver notes an agreement will “likely” carry an average cost at least $50MM per season. 10 signal-callers are currently attached to a pact worth between $51MM and $60M in annual compensation.
Purdy could soon become the next member of that group given the continued growth of the salary cap and his status as a locked-in starter for the 49ers. San Francisco’s offseason began with a number of notable departures in free agency, and the team took a measured approach knowing a major commitment to the Iowa product will soon be made. Purdy is set to earn $5.35MM in 2025 as things stand, but he will be in line for a massive spike in compensation provided negotiations go as planned.
Plenty of time remains for a deal to be struck, and the 49ers have a history of high-profile contract talks lasting deep into the summer. An indication of whether or not such a scenario is to be avoided in Purdy’s case will emerge on Tuesday.