Jimmy Garoppolo, 49ers Agree on Record 5-Year $137.5 Million Contract

Jimmy Garoppolo, 49ers Agree on Record 5-Year $137.5 Million Contract

On Thursday morning, Jimmy Garoppolo reportedly signed a 5-year deal with the 49ers, worth $137.5 million, which would be the most expensive deal in National Football League history.

The NFL Network reported the five-year deal Thursday and a news conference is being planned for Friday.

The exact details of the contract have yet to be divulged, although Garoppolo's new contract would exceed the previous record holder, Detroit Lions QB Matthew Stafford, whose current deal has an average yearly salary of $27 million. The preference was always going to be getting a long-term deal done and that's exactly what they did, to the tune of five years and $137.5 million.

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Garoppolo was acquired by the 49ers in October from the New England Patriots. Beathard went 1-4 as a starter, snapping the franchise's historic 0-9 start with a 31-21 home win over the New York Giants on November 12 to earn one last start before Garoppolo's promotion.

Upon his arrival in San Francisco, Garoppolo made an immediate on the struggling team that had just one win before he arrived.

The market seems set for Cousins - who has started 50 more games than Garoppolo - as he prepares to hit free agency in March. Conspiracy theories about the Patriots' true plans - a second-round pick was suspiciously low for a potential franchise quarterback - abounded online and there was a worry that somehow he'd get away.

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Last season in Week 3, LA barely escaped with a 41-39 win on the road, but lost in the finale 34-13, a game head coach and NFL Coach of the Year Sean McVay had rested many starters.

The mega-deal comes after Garoppolo assumed the starting job on a 1-10 team and began a December to remember. He racked up 1,542 yards and six touchdowns with five interceptions in those five games.

Garoppolo is 7-0 all-time as a starter, including his two starts in place of a suspended Tom Brady to open the 2016 season, though a shoulder sprain knocked Garoppolo out of that second start.

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The Toronto Stock Exchange'sS&P/TSX composite index fell 86.69 points, or 0.56 percent, to 15,519.34, shortly after the open. Leading political parties in Germany , which is the largest economy in Europe , have struggled to form a government.

This Garoppolo deal impacts John Elway and the Broncos but I don't think it changes much in terms of what we already knew. That deal can not become official until March 14, the first day of the new league year. The 49ers will have around $86 million in cap space for the 2018 offseason, per Over The Cap, who had them with a league-leading $113.9 million before this deal.

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