Since joining the NFL as the final pick of the 2022 NFL Draft, San Francisco 49ers quarterback Brock Purdy has exceeded all expectations. From being labeled “Mr. Irrelevant” to leading his team to the Super Bowl in just his second season, Purdy’s rise has been remarkable. Beyond his on-field achievements, his modest rookie contract underscores his status as one of the NFL’s best values. Here’s an in-depth look at Purdy’s current contract, earnings, net worth, and the substantial payday that awaits him in the near future.
Brock Purdy’s 2024 Contract and Salary Structure
Drafted in the seventh round, Purdy signed a four-year, $3.7 million contract with a $77,000 signing bonus and only $77,008 in guaranteed money. His annual salary averages around $934,252—a stark contrast to other NFL starting quarterbacks. For the 2024 season, Purdy will earn a base salary of $985,000, with a cap hit of just over $1 million, accounting for only 0.3% of the 49ers’ salary cap. This team-friendly deal has allowed the 49ers flexibility to build a competitive roster around him while keeping their quarterback costs low.
Despite his starting role, Purdy’s compensation ranks 34th on the 49ers roster and makes him the 81st-highest-paid quarterback in the league. This is lower than even some backup quarterbacks, such as New Orleans’ Jake Haener and Miami’s Skylar Thompson. However, this arrangement benefits the 49ers by freeing up cap space to invest in top players like Christian McCaffrey, George Kittle, and Trent Williams.
How Purdy’s Salary Compares to Other Quarterbacks
Purdy’s performance on the field stands in stark contrast to his salary. He has already achieved milestones that some higher-paid quarterbacks have not, such as reaching the conference title game and the Super Bowl. For example, Dak Prescott of the Dallas Cowboys recently secured a $240 million contract, while Trevor Lawrence and Deshaun Watson are also on long-term deals worth $275 million and $230 million, respectively. This disparity highlights Purdy as one of the NFL’s best-value quarterbacks, though his earnings are set to change once he becomes eligible for a contract extension in 2025.
If Purdy continues to excel, he is expected to command a substantial extension, possibly making him one of the highest-paid quarterbacks in the league. As the salary cap increases, his next contract could well be record-breaking, especially if he remains integral to the 49ers’ success.
Brock Purdy’s Net Worth and Career Earnings
With career earnings totaling $2,885,346 from his NFL contracts alone, Purdy’s net worth remains a topic of speculation, with estimates ranging from $300,000 to as high as $6 million. His endorsements and potential future deals are likely to boost his net worth significantly. In 2025, his earnings are set to increase as he will make a base salary of $1.1 million, marking a 50% rise over his previous seasons combined.
The Path to a Big Payday
Purdy’s current contract expires after the 2025 season, after which he’ll either negotiate an extension with the 49ers or potentially test free agency. Given his contributions to the team’s recent successes and the NFL’s trend of rewarding quarterbacks with lucrative deals, Purdy is on track for a significant pay raise.
Jed York, the CEO of the 49ers, expressed optimism about Purdy’s future contract negotiations, emphasizing that he anticipates a groundbreaking deal. With a strong supporting cast and a high-performing team, another deep playoff run could solidify Purdy’s status as one of the league’s top quarterbacks—and pave the way for a major extension.
Table: Brock Purdy’s Current Contract Details
| Year | Base Salary | Signing Bonus | Cap Hit | Dead Cap Value |
|---|---|---|---|---|
| 2023 | $870,000 | $77,008 | $887,252 | $57,504 |
| 2024 | $985,000 | $0 | $1,004,252 | $38,504 |
| 2025 | $1,100,000 | $0 | $1,119,253 | $19,253 |
How Purdy’s Success Impacts the 49ers’ Cap Strategy
The team’s financial flexibility has allowed the 49ers to maintain a strong roster, with standout players across both offense and defense. Purdy’s minimal cap hit has helped fund contracts for key players such as Nick Bosa and Fred Warner, who are critical to the 49ers’ defensive strength.
Looking ahead, as Purdy’s salary increases, the 49ers will need to reallocate resources, but they are well-positioned to manage this transition. For now, they benefit from an elite quarterback without the financial burden that often accompanies a top-tier QB contract.
FAQs
1. What is Brock Purdy’s salary in 2024?
For the 2024 season, Purdy is earning a base salary of $985,000, with a total cap hit of just over $1 million.
2. How much did Purdy earn as Mr. Irrelevant in the NFL Draft?
Purdy’s rookie contract is worth $3.7 million over four years, including a $77,000 signing bonus and only $77,008 guaranteed at signing.
3. How does Purdy’s salary compare to other quarterbacks?
Purdy’s compensation is among the lowest for NFL starting quarterbacks, significantly below stars like Dak Prescott, Trevor Lawrence, and Deshaun Watson, each of whom have contracts exceeding $200 million.
4. Will Purdy receive a larger contract soon?
Purdy is eligible for a contract extension in 2025. Given his performance and the projected salary cap increase, he is expected to negotiate a significant pay raise.
5. What is Brock Purdy’s estimated net worth?
Purdy’s net worth estimates vary from $300,000 to $6 million, though his value is expected to rise substantially with endorsements and future contracts.