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Why the 49ers are Waiting to Extend Brock Purdy's Contract

Brock Purdy may need to wait a few more weeks before the 49ers offer him a contract extension.

Grant Cohn

Jan 5, 2025; Glendale, Arizona, USA; San Francisco 49ers quarterback Brock Purdy against the Arizona Cardinals at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
Jan 5, 2025; Glendale, Arizona, USA; San Francisco 49ers quarterback Brock Purdy against the Arizona Cardinals at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images / Mark J. Rebilas-Imagn Images
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Brock Purdy may need to wait a few more weeks before the 49ers offer him a contract extension.

Technically, the 49ers could have offered Purdy an extension the day their season ended. That was almost two months ago. Clearly, the 49ers are not in a rush to hand out the most lucrative extension in franchise history. They're being careful and deliberate, as they should be.

The past two years, the 49ers overpaid to keep a few of their stars -- namely Nick Bosa and Brandon Aiyuk. I'm sure the 49ers don't want to make that mistake again.

That's why I do no expect Purdy to be the first NFL quarterback to sign a deal this offseason. I think the 49ers want other quarterbacks to sign elsewhere first so that Purdy's precise market value will be more defined.

Once Sam Darnold signs his extension, the 49ers will have a better idea of what's a fair offer for Purdy. Clearly, the 49ers will offer Purdy more than whatever Darnold gets. But they might not offer Purdy as much as Matthew Stafford's next team pays him, assuming he gets traded soon as has been rumored.

Purdy could demand $60 million per season and argue that he's worth it because he's better than Dak Prescott who also gets paid $60 million per, but I don't think Purdy will hold out for every last dollar he can get. I think he wants what's fair. And that probably will be a backloaded contract that's worth somewhere between $45 million and $50 million per season.

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Grant Cohn
GRANT COHN

Grant Cohn has covered the San Francisco 49ers daily since 2011. He spent the first nine years of his career with the Santa Rosa Press Democrat where he wrote the Inside the 49ers blog and covered famous coaches and athletes such as Jim Harbaugh, Colin Kaepernick and Patrick Willis. In 2012, Inside the 49ers won Sports Blog of the Year from the Peninsula Press Club. In 2020, Cohn joined FanNation and began writing All49ers. In addition, he created a YouTube channel which has become the go-to place on YouTube to consume 49ers content. Cohn's channel typically generates roughly 3.5 million viewers per month, while the 49ers' official YouTube channel generates roughly 1.5 million viewers per month. Cohn live streams almost every day and posts videos hourly during the football season. Cohn is committed to asking the questions that 49ers fans want answered, and providing the most honest and interactive coverage in the country. His loyalty is to the reader and the viewer, not the team or any player or coach. Cohn is a new-age multimedia journalist with an old-school mentality, because his father is Lowell Cohn, the legendary sports columnist for the San Francisco Chronicle from 1979 to 1993. The two have a live podcast every Tuesday. Grant Cohn grew up in Oakland and studied English Literature at UCLA from 2006 to 2010. He currently lives in Oakland with his wife.

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