Brock Purdy agreed to a five-year contract extension worth $265 million with the San Francisco 49ers, going from the NFL’s biggest bargain to one of the league’s highest paid players.

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.