The San Francisco 49ers' bank-breaking extension for quarterback Brock Purdy is a bargain even at $265 million, writes SFGATE columnist Jake Hutchinson.

San Francisco 49ers quarterback Brock Purdy is about to become a very rich man. According to CBS Sports NFL Insider Jonathan Jones, Purdy and the Niners have agreed to terms on a five-year, $265 million contract extension.

Purdy was previously signed through the 2025 season on his four-year, $3.7 million rookie contract. While he was severely underpaid given his overall production during his first contract, he said after the 2024 campaign that he just wanted to come to terms on a new deal relatively quickly.