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

The San Francisco 49ers have locked down their projected franchise quarterback.

According to Mike Garafolo of NFL Network, Jimmy Garoppolo was set to reach free agency this offseason but has instead agreed to a five-year, $137.5 million deal to stay with the 49ers.

Garafolo noted it's the "biggest deal in NFL history on a average-per-year basis."

Garoppolo spent the first three-and-a-half seasons of his career with the New England Patriots, making just two starts while primarily serving as the backup to Tom Brady. Despite the limited playing time, the 49ers pulled the trigger on a trade shortly before the deadline in exchange for a second-round pick.