The San Francisco 49ers and Jimmy Garoppolo have reportedly agreed to terms on a five-year contract extension worth up to $137.5 million. The $27.5 million average per year and potentially $90 million in the first three years are records, but his reported $74 million in total guarantees is not. Regardless, Jimmy G is making some serious bank once this deal is formally executed.
And yet, it might not take very long for this deal to turn into a bargain. This depends in large part on Garoppolo proving he is worth franchise quarterback money, but for arguments sake, let’s say he does continue developing into the 49ers franchise guy.