Jimmy Garoppolo contract details: 49ers make QB highest-paid backup in the league with new restructured deal

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Jimmy Garoppolo has landed… with the 49ers.

It had long seemed as though Jimmy Garoppolo was destined for a divorce from the 49ers. Whether by trade or release, more likely than not Jimmy G would be on another roster come the start of the 2022 NFL season.

Things change, though.

And it appears the Niners are keeping Garoppolo for another season, despite naming Trey Lance as their QB of the present and future. Go figure.

According to multiple reports, Garappolo inked a restructured one-year deal with San Francisco on Monday afternoon.

The new contract cements Garoppolo’s status as one of the highest-paid backup quarterbacks in the league while also giving the 49ers flexibility to utilize the veteran QB if Lance gets injured or is not yet ready to lead the team. A win-win for both sides.

Who would have thought that would be the case when all the dust settled?

Garoppolo’s new contract features a host of incentives and clauses, per ESPN’s Adam Schefter. However, at its essence, the deal secures Garoppolo’s short-term future while reducing San Francisco’s need for Lance to be the guy coming out the gate.

Here’s everything you need to know about Garoppolo’s latest contract.

MORE: Why the 49ers shouldn’t be too concerned about Trey Lance’s ‘ugly’ preseason finale

Jimmy Garoppolo contract details

Per NFL Network’s Albert Breer, Garoppolo’s new deal will net him $6.5 million of guaranteed base salary. He’ll also bring in $500,000 per game via roster bonus. Garoppolo could reel in up to $8.45 million more depending on if he reaches certain play-time incentives, per Breer.

That means Garoppolo could make us much as $15.45 million in 2022.

Admittedly, that’s only a fraction of the $24.2 million non-guaranteed base salary Garoppolo had been due to make prior to signing the restructured deal. However, with his new contract, Garoppolo will be compensated like one of the league’s best backups.

NFL Network’s Ian Rapoport detailed some of the logic behind Garoppolo’s new deal, saying that the decision to ink a restructured contract works out perfectly for both sides:

Interestingly enough, Garoppolo’s latest contract features a no-trade and no-tag clause. Garoppolo will be a part of the 49ers for the 2022 season. However, with a no-tag clause, he will have the chance to test free agency in 2023.

Garoppolo’s deal gives him financial security for the 2022 season, as well as the opportunity to raise his standing around the league. However, he also gets that sought-after flexibility to find new pastures next year, something that could prove especially profitable if he were to play a big part in San Francisco’s chase for a playoff spot this year.

Highest-paid backup QB salaries 

Should Jimmy G earn some or all of the incentives in his contract connected to playing time, he will be the highest-paid backup quarterback in the league by a long-shot.

The guaranteed money, however, knocks him down the list by one spot. Sam Darnold, who was in a competition for QB1 with Baker Mayfield, sits atop the list. Should Mitchell Trubisky find his way to being the Steelers backup, he will be added to the list.  

Player Team AAV
Sam Darnold Panthers $7,561,929
Jimmy Garoppolo 49ers $7,000,000
Teddy Bridgewater Dolphins $6,500,000
Case Keenum Commanders $6,000,000
Tyrod Taylor Giants $5,500,000
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