EDITOR’S NOTE: This article refers to Garoppolo’s one-year deal with the 49ers for the 2022 NFL season. Click here to read Boardroom’s full overview of Jimmy G’s three-year contract with the Las Vegas Raiders.
After a season-ending injury to starting QB Trey Lance, it’s Gucci Garop time once again in San Francisco. Let’s dive into the details of the 49ers’ Jimmy G contract and its intriguing structure of incentives and bonuses.
Jimmy Garoppolo is about to cash in — and probably when he least expected it.
After months of uncertainty, the San Francisco 49ers re-signed Garoppolo to play backup quarterback to 2021 behind former No. 3 overall pick Trey Lance. It was a bit awkward considering that Jimmy G threw for 3,810 yards and 20 touchdowns as a starter the previous year and brought the Niners to the Super Bowl the season before that, but the signal was clear — Kyle Shanahan, John Lynch, and Co. were ready to move on from him in favor of the highly-touted phenom out of North Dakota State.
Then, Lance suffered a season-ending ankle injury in the first quarter of Week 2 against the Seattle Seahawks.
Jimmy G was called upon once again, leading his team to an emotional victory. And soon after, we learned just how much Garoppolo’s $7 million base salary for 2022 could nearly double by season’s end thanks to some healthy contract incentives.
So, how much can the QB truly expect to earn this season when likely bonuses are factored in? Let’s dive into the details of the 49ers’ intriguing Jimmy Garoppolo contract.
Click here to read Boardroom’s overview of the highest-paid quarterbacks in the NFL.
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Jimmy Garoppolo Salary & Contract Details
Salary data via Spotrac
- Years: 1
- Total value: $7,000,000
- Guaranteed at signing: $6,500,000
- Total guaranteed money: $6,500,000
- Free Agency: 2023
Jimmy G’s Incentives & Bonuses
- $250,000 per regular season game when he takes 25% of snaps
- $100,000 for every win
- $500,000 per playoff game when he takes 50% of snaps
- An additional $500,00 for taking 50% of snaps in the NFC Championship
- An additional $500,000 for winning the NFC Championship
- An additional $1,000,000 for taking 50% of snaps in the Super Bowl
As long as Jimmy Garoppolo stays healthy, he’ll earn nearly $11.4 million when all these bonus figures are taken into account, as Spotrac’s Michael Ginnitti notes:
Jimmy G’s Career Earnings
- TOTAL BASE SALARY EARNINGS: $80,305,154
- TOTAL SIGNING BONUSES: $7,853,744
- OTHER BONUSES & INCENTIVES: $38,655,609
- ESTIMATED NFL SALARY EARNINGS THRU 2022 SEASON: $126,814,50
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