Details of Jimmy Garoppolo’s new contract with San Francisco 49ers have become public, and it’s not as bad as people initially painted it to be.
Garoppolo’s total deal is worth $137.5 million, but only $50 million appears to be fully guaranteed, according to ESPN’s Adam Schefter.
Well, this deal looks way better than the initial numbers thrown around. Yes, he does have a little more than $74 million guaranteed if he suffers a career ending injury, but they can cut him after two seasons and only be out a little more than $60 million.
That’s still an absurd number to pay a guy that hasn’t played many games, but it’s way better than paying him a guaranteed number north of $75 million.
I still think this deal is really dumb, but the 49ers have some outs here if Garoppolo turns out to suck. They front loaded it with a few guarantees, but it’s not too risky long term. Now he just needs to go out there and prove he’s worth all this crazy money they just tossed his way.