Purdy is now tied with Detroit Lions signal caller Jared Goff as the seventh-highest paid QB/player in the NFL. The richest contract in league history, based on annual average salary, still belongs to quarterback Dak Prescott of the Dallas Cowboys at $60 million per season.

The San Francisco 49ers have committed to Brock Purdy as their franchise quarterback. The 49ers and Purdy have agreed to terms on a five-year, $265 million extension that includes $181 million in total guarantees, multiple insiders including NFL Network's Tom Pelissero reported Friday.

Santa Clara, Calif. — 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.