Brock Purdy rookie contract: When 49ers QB is eligible for extension, 2023 salary (2024)

John LeuzziUSA TODAY NETWORK

Brock Purdy has cashed in on his opportunities in the NFL over the last two years.

His latest feat includes leading the San Francisco 49ers to a Super Bowl faster (and younger) than former Niners and Hall of Fame quarterback Joe Montana. And in the lead-up to Super 58 in Las Vegas, questions and conversations regarding his contract and when the 49ers will be able to extend the Arizona native have arisen.

Here's what you need to know about Purdy's contract, NFL rules for rookie contracts and more:

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Brock Purdy contract details

Purdy signed a four-year, $3.7 million contract with the 49ers after being selected with the last overall pick in the 2022 NFL Draft. His annual base salary of $934,252ranks 54th among all NFL quarterbacks, per Over The Cap.

  • Length: Four years
  • Total Money:$3.7 million
  • Average base salary:$934,253

Here's a full year-by-year breakout of Purdy's contract according to Over The Cap:

  • 2022: $705,000
  • 2023: $870,000
  • 2024: $985,000
  • 2025: $1.1 million
  • 2026: Unrestricted free agent

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When can Brock Purdy get an extension?

Purdy, who is in Year 2 of his four-year rookie contract, is not eligible to receive a contract extension until after the 2024 season. That is part of the NFL CBA that states rookies aren't eligible to renegotiate their contract until after a certain period of time.

Most NFL players on their first contract don't generate news about their second contracts — particularly this early in their rookie deals. But given Purdy's hot start for the 49ers, his situation is a massive exception to the rule.

NFL rules on rookie contracts

As stated inArticle 7 of the NFL's CBA, "a rookie contract for a drafted rookie may not be renegotiated, amended or altered in any way until after the final regular season game of the player’s third contract year." So even if the 49ers wanted to reward him with a new contract this offseason, they wouldn't be able to start negotiations until after next year.

More from the NFL CBA:

"Every rookie contract shall have a fixed and unalterable contract length: (i) four years for Rookies selected in the first round of the draft, with a Club option for a fifth year as described in Section 7 below; (ii) four years for rookies selected in rounds two through seven of the draft (including any compensatory draft selections); and (iii) three years for undrafted rookies."

So a rookie drafted in the first round of the NFL draft will earn a four-year contract with a fifth-year club option, while those selected in Rounds 2-7 will get a four-year contract. Meanwhile, undrafted rookie free agents will receive a three-year deal.

  • Length for first-round draft picks: Four years, club option for fifth year
  • Length for draft picks in rounds two through seven: Four years
  • Length for undrafted rookie free agents: Three years

Salaries for drafted rookies are predetermined by the draft slot at which they get selected by their team. The minimum salary for undrafted rookie free agents is $750,000 per year. A rookie contract can't be renegotiated or extended until the conclusion of a player completed his thirdNFLregular season.

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Highest-paid NFL QBs

Purdy has performed as one of the NFL's top quarterbacks the last two seasons — 5,654 yards with 44 touchdown passes, an NFC conference title and an appearance in the Super Bowl — since taking over for former 49ers quarterback Jimmy Garoppolo. But Mr. Irrelevant (i.e., the last pick of the draft) isn't paid as one. ]

Here's a full breakdown of the top 10 highest paid QBs annually in the NFL according to Over The Cap:

  • 1. Joe Burrow (Cincinnati Bengals): $55 million
  • 2. Justin Herbert (Los Angeles Chargers): $52.5 million
  • 3. Lamar Jackson (Baltimore Ravens): $52 million
  • 4. Jalen Hurts (Philadelphia Eagles): $51 million
  • 5. Russell Wilson (Denver Broncos): $49 million
  • 6. Kyler Murray (Arizona Cardinals): $46.1 million
  • 7. Deshaun Watson (Cleveland Browns): $46 million
  • 8. Patrick Mahomes (Kansas City Chiefs): $45 million
  • 9. Josh Allen (Buffalo Bills): $43 million
  • T-10. Daniel Jones (New York Giants): $40 million
  • T-10. Matthew Stafford (Los Angeles Rams): $40 million
  • T-10. Dak Prescott (Dallas Cowboys): $40 million
Brock Purdy rookie contract: When 49ers QB is eligible for extension, 2023 salary (2024)

FAQs

Brock Purdy rookie contract: When 49ers QB is eligible for extension, 2023 salary? ›

Brock Purdy contract details

How much will Brock Purdy's next contract be? ›

He'll likely be asking for a five-year contract worth somewhere between $270 million and $290 million total with over $200 million guaranteed from San Francisco. Those numbers will fluctuate based on his 2024 performance but that's the rough outline for a new Purdy deal.

What will Brock Purdy make in 2024? ›

The 24-year-old Purdy enters the final year of his rookie contract in 2024, which will see him make a salary of $985,000, according to OverTheCap.com.

Will Brock Purdy get a bonus? ›

The San Francisco 49ers quarterback's 2023 salary has nearly doubled thanks to the NFL's performance-based pay distribution. Purdy will receive a bonus of $739,795 after he took his team to the Super Bowl and made the Pro Bowl for the first time.

Are NFL rookie contracts fully guaranteed? ›

Term lengths for NFL rookie contracts are "fixed" and "unalterable," according to Article 7 of the NFL's collective bargaining agreement. Players who are drafted in the first round receive a four-year contract with a fifth-year club option, which means the player's base salary will be fully guaranteed.

What does Brock Purdy make in salary? ›

Purdy signed a four-year, $3.7 million contract with the 49ers after being selected with the last overall pick in the 2022 NFL Draft. His annual base salary of $934,252 ranks 54th among all NFL quarterbacks, per Over The Cap.

Does Brock Purdy have any endorsem*nts? ›

JUST IN: Toyota has signed a national endorsem*nt deal with San Francisco 49ers QB Brock Purdy. It is the auto brand's first deal with an active NFL player since signing their official NFL vehicle sponsorship in October.

Who is the lowest paid NFL player? ›

While Tyrone Swoopes won the reigning title of the lowest-paid NFL player in 2021, looking at the low end of league earners isn't as simple. NFL players face different minimum values that depend on their contract and designation as active or inactive players.

Can Brock Purdy get rookie of the Year? ›

Brock Purdy finished third in the Offensive Rookie of the Year voting at the NFL Honors ceremony. Jets wide receiver Garrett Wilson won the award, while Seahawks running back Kenneth Walker finished second. Purdy finished with six of 50 first-place votes.

What kind of car does Brock Purdy drive? ›

In a recent chat with USA TODAY, the 23-year-old revealed that he's all about practicality. He doesn't want to opt for a flashy sports car. Purdy prefers to cruise around town in a Toyota Sequoia starting with a base price of $63,125.

Is Brock Purdy going to get a pay raise? ›

The NFL on Monday announced its performance-based payouts for the 2023 season. These payouts add some money for players on rookie contracts who dramatically outperform the money that comes on their rookie deal.

What is the salary of Mr. Irrelevant? ›

Irrelevant,” who is expected to land a rookie deal just above $4 million.

Who is the highest paid NFL player? ›

The Cincinnati Bengals' Joe Burrow is the highest paid player in the NFL. The San Francisco 49ers' Nick Bosa is the highest paid defensive player in the league.

When can Brock Purdy renegotiate his contract? ›

According to the CBA, a "Rookie Contract for a Drafted Rookie may not be renegotiated, amended or altered in any way until after the final regular season game of the player's third contract year." So, if San Francisco wanted to pay him a top-of-market contract as soon as possible, the 49ers couldn't do it until January ...

Who was Mr. Irrelevant in 2024? ›

Irrelevant, a title annually bestowed upon the last pick in the NFL draft. The New York Jets selected Alabama safety Jaylen Key with the 257th and final pick of the 2024 NFL Draft on Saturday in Detroit.

Can you extend a rookie contract in the NFL? ›

All drafted rookies are given four-year contracts to begin their careers -- and teams have the option to extend that pact for a fifth year with players selected in Round 1.

Has Mr. Irrelevant ever won a Super Bowl? ›

Irrelevant to play in the Super Bowl when New England lost 35-21 to Green Bay in Super Bowl 31. Following a stint with Cleveland, Moore ended his career with the Patriots, which won Super Bowl 36 in Tom Brady's first championship. Moore became the first Mr. Irrelavent to win a Super Bowl, as well.

What do Brock Purdy's parents do for a living? ›

All of Shawn and Carrie's kids enjoyed year-round athletic training thanks to the relatively even climate of Phoenix, and their proximity to big sports and big schools helped Brock rise quickly in his career. When they aren't in the bleachers, Shawn and Carrie run their own pool business, Fantastic Spa Outlet.

What pick is Mr. Irrelevant? ›

The honor of Mr. Irrelevant for the 2024 NFL Draft was given to former Alabama safety Jaylen Key, as the New York Jets selected him with the final pick of the draft, No. 257 overall.

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