53 is not elite money in 2025. That starts at 56/ 20% of cap. 53/19% is solidly second tier.
His guarantee is $181/ $36.2 APY which will keep him just under 13% of 2025 cap space, should he continue to produce like he did last year. Hardly a crippling number.
Niners did a phenomenal job on this contract — protecting the team, while allowing Purdy to bet on himself.
It’s safe to assume that, for Purdy to make 53, he will have to perform at MVP level, and the Niners will be having the kind of success that warrants paying him 53. As a Seahawks fan, I hate to see it, and I’m envious of their front office.
I projected the contract would be between 51 and 55, and I believe that’s right where his value lies. The structure of the contract appears better for the Niners than I was hoping for.