How much will Brock Purdy make in 2024 (and when can he sign an extension)?

The 49ers still have Brock Purdy on the (very) cheap for 2024, but he'll eventually cost the team a pretty penny.

While he was far from perfect or dominant in Super Bowl 58 against the Kansas City Chiefs, quarterback Brock Purdy certainly showed the San Francisco 49ers that they have a long-term answer in his services.

Heck, even the Chiefs were notably complimentary of him after winning their second Super Bowl over the Niners with one coach comparing the final pick of the 2022 NFL Draft to future Hall of Famer Drew Brees.

Following a season in which he was a top candidate for NFL MVP honors, Purdy is still grossly underpaid for the kind of efforts he displayed in 2023 and based on the trajectory he is likely to have as San Francisco's starter moving forward.

That said, Purdy isn't going to cost the 49ers much at all this upcoming season.

How much money will Brock Purdy earn in 2024?

Purdy is entering the third year of his four-year rookie deal signed back in 2022. The contract, per Spotrac, was originally four years at $3.737 million, which averages out to $934,252 per year.

Purdy's base salary in 2023 was $870,000, and he'll receive a slight raise in 2024 when that number goes up to $985,000.

That'll account for 0.36 percent of the Niners' salary this upcoming year, currently.

When is Brock Purdy eligible for a contract extension?

To say that Purdy is underpaid is about the biggest understatement one could make. Yet San Francisco still has him under contract for two more seasons and doesn't have to, at least in theory, touch the financials of his deal until it expires after the 2025 season.

But the 49ers will assuredly want to reward their budding star signal-caller.

However, if they wanted to do it now, they still can't.

Related story: Brock Purdy got absolutely blindsided in NFL MVP voting

The current collective bargaining agreement between the league and players union prevents drafted players still on rookie contracts from negotiating new deals with their respective teams until after their third season at the pro level.

Even if they wanted to, the Niners couldn't engage in extension talks with Purdy's camp until after the 2024 season.

That means Purdy will still only cost a fraction of a fraction of San Francisco's total cap this year, although his eventual cap hit after an inevitable extension is going to be awfully hefty.

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