Purdy is entering the last year of his rookie deal and is in line for a significant raise in 2025. He’s been underpaid throughout his time in the NFL and was famously selected as “Mr. Irrelevant” with the last pick in the 2022 NFL Draft out of Iowa State.

The San Francisco 49ers and quarterback Brock Purdy have made "some progress" in contract extension negotiations, according to Michael Silver of The Athletic. Per Silver, Purdy's extension "will likely" be worth over $50 million per year.

The San Francisco 49ers are hoping to avoid the quarterback drama that other teams have recently had to suffer by not having their star extended in the final year of his deal.