Brock Purdy, 49ers Reportedly Have Made 'Some Progress' in Contract Extension Talks

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 signal-caller is currently set to enter the final year of his rookie contract in 2025 and will carry a cap hit of roughly $5.4 million.

While the exact terms of a potential extension are still being discussed, an average annual value of $50 million on a new deal would rank No. 11 among all quarterbacks (via Spotrac).

There doesn't seem to be any indication that the lack of an agreement has negatively affected contract talks, as Dianna Russini of The Athletic previously reported that San Francisco hasn't engaged in trade discussions with opposing teams regarding Purdy.

49ers owner Jed York also expressed confidence that an extension would be reached.

"I don't think we're that far apart," York told NFL Network's Mike Garafolo on April 1 (h/t Eric Edholm of NFL.com). "I think we can sit down and get something done. Whenever he's ready, we're ready."

Purdy failed to exceed expectations during a 2024 season in which San Francisco missed the playoffs with a 6-11 record, but the team dealt with injuries to several key offensive players. Christian McCaffrey, George Kittle and Brandon Aiyuk all missed multiple games due to injuries.

The former seventh-round pick has already shown that he can be a consistent option under center. In 25 combined appearances during Purdy's first two years with the 49ers, he completed 68.7 percent of his throws for 5,654 yards and 44 touchdowns compared to 15 interceptions.

San Francisco is attempting to return to the playoffs in 2025, and the team is reportedly progressing on an extension agreement with Purdy.