49ers, Jimmy Garoppolo Agree to Re-Structured Deal

San Francisco 49ers quarterback Jimmy Garoppolo
San Francisco 49ers quarterback Jimmy Garoppolo
Photo: USA Today Sports Images

NFL Preseason Week 3 - The San Francisco 49ers have agreed to a contract restructure with quarterback Jimmy Garoppolo, per NFL Network's Ian Rapoport . According to Rapoport, the contract is a one-year deal with $6.5 million fully guaranteed. Garoppolo can make up to $10 million if he starts. 

Garoppolo was originally playing on the last year of his five-year, $137.5 million contract he signed with the 49ers in 2018. On his original contract, Garoppolo was scheduled to make $25.6 million in 2022 with a $24.2 million base salary. The new agreement allows San Francisco to retain Garoppolo as a back-up to second-year quarterback Trey Lance on a reduced deal. 

The 49ers gave Garoppolo permission to seek a trade in July, officially giving 2021 third-overall pick Trey Lance the starting quarterback job. Garoppolo, who underwent shoulder surgery this past offseason, had little to no trade market after an offseason of unprecedented quarterback movement.

In a July 26 press conference, 49ers head coach Kyle Shanahan expressed his thanks for Garoppolo and all he had done for San Francisco during his five seasons as the starter.

"Jimmy understands where we're at, we understand where we're at," said Shanahan. "I can't tell you how appreciative I have been of Jimmy and him being here, so appreciative of what he did for us last year. I think Jimmy and we knew what move we made the year before. Jimmy did a hell of a job coming into camp, winning that job, and taking us real close to the Super Bowl.

"But we have moved on to Trey. We're starting camp out this way. We think Jimmy would have been traded if the surgery didn't happen, and it did. He had to do it, so there's no ill will there at all. It's good to see that he is healthy."

With the 49ers' commitment to Lance, Garoppolo now remains on the roster as a cost-controlled contingency plan. 

Comments

24 comments, Last at 01 Sep 2022, 9:38am

#1 by ImNewAroundThe… // Aug 29, 2022 - 6:19pm

I THINK I said something to this affect here before. I think I said like 9m (guaranteed?)

I did!

But I think this kills the supposed two 2nds rumor.

Also funny it happened after drafting Purdy...and him posting a 81.1 grade in preseason 😆 lol

And just realized they gave Sudfeld, career 2.93 ANY/A, a fully guaranteed contract too. My goodness teams love flashing cap down the drain, just to get the worst QBs in the room to tell them to find another job. I didn't look at every teams situation but the way TN handled their backup situation>>>>>>>>most. There's no difference between Logan Woodside, Kyle Allen, Nate Sudfeld, etc.

Points: 0

#24 by Aaron Brooks G… // Sep 01, 2022 - 9:38am

In reply to by ImNewAroundThe…

You can laugh about Sudfeld, but one of the guys he beat out -- David Blough -- actually has a negative career AV.

You and I are worth more to the Lions than he was.

\well, me anyway

Points: 0

#2 by KnotMe // Aug 29, 2022 - 6:54pm

I'm surprised he didn't just want to be released. 

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#3 by rpwong // Aug 29, 2022 - 7:31pm

The $24.2m was non-guaranteed, so getting released would mean getting nothing. Then he'd have to find a team who's willing to make him a starter and hope that he can rebuild his value and not get injured over the course of the season...without having a full grasp of the offense.

Now he gets to stick with the 49ers, keep rehabbing, and be ready to go if Lance struggles or gets injured. If he plays, he's throwing to guys he knows. If he doesn't play, he still makes $6.5m. Either way, he won't look any worse next off-season, will have more teams interested in him, and will get ample time for study, OTAs, and training camp. He might even get a mid-season trade to a team he likes, along with a contract extension.

Meanwhile, SF gets a very competent backup who can keep their championship aspirations alive.

Really, this is the best outcome for everyone.

Points: 0

#4 by Spanosian Magn… // Aug 29, 2022 - 7:33pm

I wonder if he's betting that Lance flops. Shanahan (and probably Lynch) are under pressure to break through after years on the cusp, so if they start to backslide they might be pressured to turn back to the QB who got them to the NFCCG last year.

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#5 by ImNewAroundThe… // Aug 29, 2022 - 7:45pm

With no more preseason, how much you think people would've given a guy they can clearly see SF wanted to move on from?

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#6 by serutan // Aug 29, 2022 - 9:49pm

As things stand currently, nothing.  OTOH, a devestating QB injury to a contender might make that team desperate enough to give the Niners a Godfather offer for Jimmy G like the Vikings did for Sam Bradford when Teddy got injured.

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#7 by ImNewAroundThe… // Aug 29, 2022 - 9:58pm

"Hey, that deal was dumb. Lets not copy that." 

But the reworking helps it anyway lol now he's cheaper for everyone to acquire financially. 

Id certainly take $6.5m guaranteed not to embarrass myself, with the possibility of $10m if I do, over getting no live reps for a new team, who pays me, who knows how much

Points: 0

#8 by theslothook // Aug 30, 2022 - 1:05pm

I am curious what the asking price for Jimmy G was before free agency. Do you think SF was demanding a first or 2 seconds?

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#9 by MJK // Aug 30, 2022 - 1:28pm

Jimmy's calculus: if he doesn't restructure, he probably gets cut.  So his choice is $6.5M guaranteed with an upside of $10M, and a full, scheduled free agency next year, or hit a late free agency as the season begins and QB moves have already been made.  The odds of him getting $6.5M at this point on the open market was probably less than a certainty.  Sucks for him that he won't be starting when he deserves to start (he is easily a top 10 QB, though not a top 5, a state that local fans or talk radio blatherers don't seem to understand exist).  But all in all, a good deal for him, especially if Lance doesn't work out.

The Niners' calculus is that they pay a pretty fair rate for an exceptional backup QB, and keep said QB out of Seattle.  And have a fall back plan if Lance doesn't work out.

And now the Talk Radio crowd will have lots more material to fill up the airwaves with.

It really is a win for everyone involved.

Points: 0

#11 by MJK // Aug 30, 2022 - 2:36pm

OK, FO makes this easy.

In 2021: he was 10th in DYAR behind Brady, Rodgers, Prescott, Mahomes, Herbert, Stafford, Cousins, Carr, and Murray.  5th in DVOA (which I think is the better metric, because it decouples more from the defense, or lack thereof) behind Rodgers, Brady, Prescott, and Mahomes.

Skip 2020, which he missed most of due to an injury, but his DVOA in 5 games and change of +9.3% would have put him around 12th. 

In 2019, he was 11th in DYAR and in DVOA.  I could list the names again, but, eh, you can click on menu link up above.

Skip 2018, as he basically missed that entire season due to injury.

In 2017, he only played in 12 games (and started 7) due to trades/being a backup in NWE for half the year, but his DVOA of +39% in those 12 games would have led the league.

Looking at expected starting QB's this year (and leaving out that Cleveland QB), I would put Allen, Mahomes, Herbert, Burrow, Brady, Wilson, Rodgers, and Prescott clearly ahead of him.  We could have a debate about how Jackson and Murray rank relative to Garoppolo; I tend to be more skeptical than many when it comes to QBs that thrive by scrambling unless (like Wilson) they silence me with continued excellence over the years.  I think he's basically on par with Stafford and Cousins.  That's 8 guys clearly better than him, and two to four comparable. 

So I guess I'll edit my comment to say "WHEN HEALTHY, he is easily a top 12 QB".

Certainly top one third of the league QB's.  The point is, more than half of the league would have an instant upgrade at QB if they had Garoppolo instead of the guy they'll be starting in Week 1.

Points: 0

#13 by Aaron Brooks G… // Aug 30, 2022 - 5:18pm

In 2021: he was 10th in DYAR behind Brady, Rodgers, Prescott, Mahomes, Herbert, Stafford, Cousins, Carr, and Murray.  5th in DVOA (which I think is the better metric, because it decouples more from the defense, or lack thereof) behind Rodgers, Brady, Prescott, and Mahomes.

I tend to like DYAR more than DVOA. Mediocre guys can be efficient or have high volume, but it's really hard to have both. I'm suspicious of guys who are efficient but have low usage -- that suggests you're on a pretty good team because you can afford to run frequently (so you probably have the lead most of the time) -- but your low usage suggests your team doesn't trust you to run that lead up.

Along those lines, I cast an eye at Tannehill and Garoppolo and Russell Wilson, who can be efficient or can cook, but struggle to do both at the same time. (See also Russ's NC State stats vs his Wisconsin stats) I'm really curious about Russ in Denver.

Points: 0

#15 by MJK // Aug 30, 2022 - 6:40pm

My problem with DYAR is that, as a counting stat, it causes good QB's on teams with bad defenses to rack up lots of DYAR, but good QB's on teams with good defenses get fewer opportunities and so have a lower DYAR.  Peyton Manning rang up some *monster* DYAR seasons, and while Peyton was really good, I think the fact that his defense was so bad that they were essentially trading rapid TD drives all the time may have artificially inflated it a bit.  Brees in his prime was also very good... but was paired with some good Saints defenses and so didn't get/need as many opportunities to sling it.  

It is good for distinguising good QB's from bad QB's (because bad QB's with bad defenses get lots of opportunities to rack up more of their negative DYAR), but it's not good for comparing good to good.

But in the case of Garoppolo, when he has played a full season, his rank by DYAR doesn't tend to be that different from his DVOA...  Solidly between 5 and 12 in both metrics.

Interesting you brought up Tannehill.  He also has had his DVOA and his DYAR track together.  He was 27th in both in 2021, 6th in both in 2020, and 10th in DYAR but 5th in DVOA in 2019.  (And 31st and 32nd in 2018 in Miami).

Points: 0

#16 by BigRichie // Aug 30, 2022 - 8:20pm

Brees was paired up with a whole lot of bad defenses.

Earlier on Payton loved running up the score on people, so being ahead didn't affect Brees' slinging opportunities much at all. Payton's 63-7 shellacking of Caldwell's Colts (the 1 year between Peyton-Luck) may be what got Caldwell fired.

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#17 by ImNewAroundThe… // Aug 30, 2022 - 8:50pm

It's a no to my question. Confirmed.

Otherwise you can list your top half QBs.

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#18 by Pat // Aug 31, 2022 - 10:20am

 

So I guess I'll edit my comment to say "WHEN HEALTHY, he is easily a top 12 QB".

Yes, and except for that, how was the play, Mrs. Lincoln?

Garoppolo's injured a ton. He's injured enough that you've seen him way, way less than other QBs, so people tend to remember things differently (said another way: fewer highlights to remember). Plus, of course, a huge portion of the time he's been either playing injured or still recovering, and who knows how much his ability has declined due to those injuries.

Garoppolo's been on the 49ers for five years and thrown 1324 regular-season passes. Derek Carr's thrown 2724 passes over the same timeframe. Literally less than half the volume. And right now, Garoppolo's coming back from another injury!

If you're talking right now, I highly, highly disagree that there are more than maybe what, 5 teams out there that it would make sense to swap their starter for Garoppolo (swap - as in you lose the starter) - Houston, the Giants, Seattle, and Atlanta. Maybe there's another team out there I can't think of. Plenty of teams have rookie quarterbacks that might play worse (Bears, Jets, Jacksonville, obviously)... but those teams are literally in the same position as San Francisco and so Garoppolo's less valuable to them.

Again, Garoppolo's literally half of a starting quarterback, on average. It doesn't matter that he's played well when healthy.

Points: 0

#19 by KnotMe // Aug 31, 2022 - 12:06pm

Yeah. I think I said it somewhere else but Cleveland is really the only option that makes sense. 

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#20 by Pat // Aug 31, 2022 - 1:48pm

Cleveland make sense from their point of view. Doesn't really make sense from Garoppolo's point of view: if Lance comes out and is great and he's a backup, it's $6.5M to do very little and still would likely get a starting job next year anyway. If Lance really struggles there's a possibility the 49ers would fall back to him, and it'd be his job the rest of the year.

Going to Cleveland he'd definitely be playing 11 games, virtually no way he'd keep playing once Watson got back and so it's pretty much zero benefit. So it'd pretty much have to be about the money.

Points: 0

#21 by Spanosian Magn… // Aug 31, 2022 - 3:28pm

I'm now having this vision of someone signing both Bridgewater and Garoppolo next year and rotating them based on health; 17 total games out of those two is probably a top-10 QB, on less-than-top-10 QB total financial outlay. Like a less spectacular, but less INT-prone, version of the Winston-FitzMagic platoon.

Actually, Miami might be in a position to do that this year, since Tua seems to be on a similar path, though with maybe less than top-10 upside. If Lance hits and Miami QBs get the injury bug early, that trade might happen.

Points: 0

#22 by Aaron Brooks G… // Aug 31, 2022 - 5:03pm

Montana-Young was probably the greatest iteration of this.

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#23 by rpwong // Sep 01, 2022 - 1:28am

On a similar note, I'm assuming that Tampa will get what it can out of Julio before he gets injured, then sign OBJ for the balance of the season. 13-14 games of Julio Beckham Jr. is a lot to work with.

Points: 0

#14 by KnotMe // Aug 30, 2022 - 6:23pm

I wonder if this makes it more likely that a team trade for him.  It's better for Jimmy as, if he gets cut, he would have had to take what offers he gets, which are probably less than 6.5 million. And if a team had traded for his old contract and played him, they would have had to pay the ~20m or whatever it was. (OTC is quick to update). 
 

Most of the teams he would help don't have a QB and will probably just tank. Cleveland is probably it.  

Probably trying to figure what bottom of the barrel draft pick they can send. 

 

Points: 0

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