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“49ers Owner Attributes Exodus in Part to Payments for Purdy”
Nick Wagoner, an NFL reporter at ESPN, covered the San Francisco 49ers’ owner Jed York’s explanation for the team’s offseason approach. The decision to let go of 17 players was to save money for quarterback Brock Purdy’s upcoming contract extension. Despite a disappointing 2024 season, York is committed to keeping Purdy long-term. The team’s focus on re-signing Purdy led to many free agent departures this offseason, with the goal of creating cap space for the quarterback. York also addressed potential investments in other sports teams and the possibility of selling a minority stake in the Niners. Negotiations for Purdy’s contract extension are ongoing.
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