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Sources to me and @RapSheet: The #49ers and WR Brandon Aiyuk have agreed on a four-year, $120 million contract extension with $76 million in guarantees.
— Mike Garafolo (@MikeGarafolo) August 29, 2024
Hold-in over. Trade request withdrawn. Aiyuk's agent @RyanWilliamsA1 and the Niners strike a deal to keep him in Santa Clara. pic.twitter.com/DZdjMJBGkw
NFL insider Ian Rapoport reports that the deal is front-loaded, so we'll need to wait for the details to see how it affects the 49ers' salary cap situation. According to Rapoport, Aiyuk will receive $47 million between now and April 1, 2025.
Fact check: The contract details have been released. While the upfront money to Aiyuk is significant, the salary cap hit through 2026 is much lower compared to the final years of the deal.
More details: Brandon Aiyuk will receive $47M between now and April 1, 2025. Massive. https://t.co/IDdn3JtmJu
— Ian Rapoport (@RapSheet) August 29, 2024
The move comes after Aiyuk requested a trade on July 16. This latest contract resolution follows the 49ers' signings of wide receiver Jauan Jennings and running back Christian McCaffrey to contract extensions. Jennings' deal keeps him with the team through the 2025 season, while McCaffrey is under contract through 2027.
This leaves tackle Trent Williams as the lone unresolved contract situation. The offensive lineman is holding out from training camp as he seeks a contract restructure. Williams has no guaranteed money remaining on his existing deal.
Newly signed #49ers WR Brandon Aiyuk and his agent are all smiles after agreeing to a 4-year deal. pic.twitter.com/7KUNKNUkyk
— 49ers Webzone (@49erswebzone) August 29, 2024
Several teams, including the Cleveland Browns, New England Patriots, and Pittsburgh Steelers, recently engaged in trade talks with the 49ers. However, negotiations fell through due to either insufficient compensation or Aiyuk's reluctance to sign a contract extension with the interested team.
Aiyuk was previously slated to play under the team-exercised fifth-year option, which would have paid the receiver $14.124 million in 2024. In March, Aiyuk stated, "I'm trying to get what I deserve. ... We got professionals working on both sides, so hopefully, we can come to a professional agreement to continue playing professional football."
Aiyuk sparked significant speculation about his status by posting a video of a conversation with Washington Commanders quarterback Jayden Daniels, a former Arizona State teammate, in which he said, "They said they don't want me back ... I swear."
The 49ers reopened negotiations with Aiyuk, aiming to reach a long-term agreement. Reports indicated that an offer was on the table, along with a trade deal with the Steelers, leaving the decision up to Aiyuk. This deal from San Francisco is reportedly the one that Aiyuk finally agreed to.
In the end, Brandon Aiyuk accepted the same deal that has been on the table since August. 10, per league sources. His hold-in did not alter any part of his new four-year, $120 million extension. He took the same deal that had been there for the past three weeks. Hold-in over. pic.twitter.com/kla7S7O406
— Adam Schefter (@AdamSchefter) August 29, 2024
Throughout the negotiation process, the 49ers emphasized their desire to keep Aiyuk on the roster, aiming to maintain their Super Bowl-contending team for another championship run.
San Francisco drafted Aiyuk (6-0, 200) out of Arizona State with the No. 25 overall pick in 2020. In 16 starts with the 49ers last season, he recorded 75 receptions for a career-high and team-leading 1,342 yards and seven touchdowns, per Pro Football Reference.
With 1,015 receiving yards in 2022, Aiyuk has surpassed the 1,000-yard receiving mark in two consecutive seasons, becoming the first 49ers wide receiver to do so since Anquan Boldin in 2013 and 2014. He is also the first 49ers player to accomplish the feat since tight end George Kittle in 2018 and 2019.
Speaking to reporters at the start of training camp, general manager John Lynch stated that the 49ers intend to keep Aiyuk in red and gold, saying, "We fully intend on Brandon being a Niner moving forward. We're always open to listen to things, but we expect Brandon to be an integral part of our team like he has been."
The new deal ensures Aiyuk remains paired with third-year quarterback Brock Purdy. The duo displayed remarkable chemistry last season, with Purdy throwing for a single-season franchise record 4,280 passing yards.
Aiyuk, 26, has caught 269 passes for 3,931 yards and 25 touchdowns in 62 game appearances (60 starts) throughout his four NFL seasons. Additionally, he has contributed 117 rushing yards and two rushing touchdowns on 13 carries.
