San Francisco 49ers quarterback Brock Purdy just signed a five-year, $265 million extension, making NFL history with the biggest pay raise ever, and everyone in California is smiling. The deal locks in more than $270 million in total earnings through 2030, but thanks to strategic structuring, only $9.1 million counts against the 2025 salary cap.
This cap-friendly move allows the 49ers to keep building a championship-caliber roster without sacrificing long-term flexibility.
Despite shelling out top-tier money to Purdy, tight end George Kittle, and linebacker Fred Warner, San Francisco still holds over $40 million in available 2025 cap space. That’s due to creative contract design, including aggressive use of prorated signing and option bonuses.
These techniques spread the cap impact over multiple years, letting the team stay competitive now while preparing for future adjustments.
The California effect: How much Brock Purdy keeps after taxes
Even with the massive deal, Purdy will reportedly take home just under $25 million after taxes. Between federal, state, and payroll deductions, over $28 million is lost to taxation.
This highlights the reality of playing and earning in California. Still, the remaining income marks a significant leap from the $870,000 he earned during his rookie season.
- Federal Income Tax: $19,567,892
- California State: $7,529,000
- Federal Payroll Taxes (FICA): $1,254,153
- California SDI Tax: $1,686
- Total Taxes: $28,352,731
- Net Income: $24,647,269
For 49ers fans in the Bay Area, this deal cements Purdy as the face of the franchise. After guiding the team deep into the playoffs in back-to-back seasons, he’s become more than “Mr. Irrelevant”.
This extension reflects the organization’s faith in his continued rise and signals a new era of stability at quarterback. A position the Niners have struggled to lock down in recent years.
Looking ahead for the 49ers
The 2028 season could be the tipping point of this contract, with Purdy’s cap hit ballooning unless a restructure occurs. But if he continues to perform, another extension could follow—one that keeps him in San Francisco through the next decade.