The San Francisco 49ers and quarterback Brock Purdy reportedly agreed to a five-year contract extension worth $265 million, per Sports Illustrated's Albert Breer. The deal includes $181 million guaranteed, and makes Purdy the seventh highest-paid quarterback in the NFL on a per-year basis.

After missing the playoffs in 2024, the San Francisco 49ers are looking to get back to competing for Super Bowls, and that means spending money to retain their best players.

The 49ers, somewhat uncharacteristically, already brokered contract extensions before summer break for their three most prominent leaders: Purdy (five years, $265 million), Kittle (four years, $76.4 million) and Warner (three years, $63 million).