Sources told ESPN’s Adam Schefter on Monday that Garoppolo and the Niners have agreed to a restructured one-year contract worth $6.5 million in fully guaranteed base salary. The new-look deal contains another total of $500,000 in roster bonuses and playtime bonuses that could boost it by almost another $9 million for a total of $16 million if all bonuses are achieved.
Garoppolo’s restructured contract also includes a no-trade, no-tag clause that guarantees Garoppolo will serve as a replacement for Trey Lance this season and can then explore unrestricted free will in 2023.
A source told ESPN’s Jeremy Fowler that Garoppolo and the 49ers discussed waiving the no-trade clause if something developed and the 49ers could get some compensation, but Garoppolo was genuinely willing to help. team and wanted to play again this season with his teammates. .
Depending on how it’s structured, Garoppolo’s salary cap for 2022 will end up being between $18 million and $19 million less than the $26.9 million he was previously expected to cost.
The idea of Garoppolo staying with the Niners became more feasible after an offseason and training camp in which the Niners were unable to find him a business partner. Garoppolo underwent right shoulder surgery in March which made his trade nearly impossible and by the time he returned to throwing in late June, most teams in need of a quarterback had already moved in a different direction.
When training camp opened on July 26, Garoppolo showed up on time and passed his physical, but he didn’t participate in practices or attend meetings and hadn’t even been given an iPad. 49ers with the playbook on it.
While the Niners practiced, Garoppolo was spending his time on side pitch pursuing the prescribed throwing schedule for his shoulder rehabilitation.
Through it all, the Niners indicated that keeping Garoppolo at his previous cost was something they could do, although it was still unlikely. But bringing it back at a reduced cost always seemed like a logical option if no trades could be made.
On August 23, Niners coach Kyle Shanahan reiterated again that no situation had been ruled out regarding Garoppolo.
Now the Niners have one of the most expensive quarterbacks in the league, but also one who knows the offense and was under center for a trip to Super Bowl LIV and last year’s run to the game. NFC Championship.
That’s no small feat given the team’s lack of success with backup quarterbacks under Shanahan. The Niners were 1-1 in Lance’s two starts last year, but he also suffered thumb and knee injuries that hampered his rookie season.
In games started by quarterbacks other than Garoppolo since Shanahan’s arrival in 2017, the Niners are 8-28. They are 35-16 with Garoppolo in charge.
That .673 winning percentage was fifth-best of any NFL starting quarterback with at least 10 starts during that span. In 52 games with the Niners (including the playoffs), Garoppolo threw for 12,124 yards (the eighth most in franchise history) while completing 67.1% of his attempts (eighth in NFL over that span) averaging 8.33 yards per attempt (first in the NFL at that time among qualified starters).
Despite this success, Garoppolo also struggled with injuries and interceptions. From 2018 to 2021, he missed 25 starts due to knee, ankle, calf and thumb injuries. His 44 interceptions since taking over as a starter in late 2017 are tied for 12th in the league and his 1.59 touchdown-to-interception ratio ranks 32nd.
Through all of the offseason speculation, the Niners have insisted they won’t part ways with Garoppolo for nothing. They also liked how he handled a weird situation in 2021.
Now Garoppolo will once again be called upon to handle a potentially tricky situation with aplomb as he switches roles with Lance.
“I think Jimmy Garoppolo deserves a ton of credit for the way he handled it,” general manager John Lynch said after the season. “The way he not only competed, the competition brings out the best in everyone, that’s certainly the case with Jimmy, but the way he also welcomed Trey and helped him along the way, it was really nice to see. And I think that says a lot about who he is.”