Report: Jimmy Garoppolo signs five-year, $137.5 million deal with 49ers

The San Francisco 49ers acquired the former New England Patriot for just a second round pick. The deal, when finalized, makes him the NFL's highest-paid player.

Kahron Spearman

The San Francisco 49ers may have their franchise quarterback in place for years to come.

Per Mike Garafolo of NFL Network (h/t Bleacher Report,) quarter Jimmy Garoppolo has agreed to a five-year, $137.5 million deal to stay with the 49ers, which would be the largest per-year deal in league history.

ESPN NFL insider Adam Schefter says the deal isn't quite there, but it appears the agreement is imminent. 

When you find the right guy at that position, it's really good for your franchise. We believe we've found the right guy. Now the challenge is getting Jimmy signed. We're working hard towards that. We'll see. I think he wants to be with us and we want him there. I think it makes too much sense not to happen. So it's just a matter of getting it done

John Lynch
General manager, San Francisco 49ers

Garoppolo backed up five-time Super Bowl winner Tom Brady in New England for three and a half years, making just two starts. But that's apparently all the Niners front office needed to see, before trading a 2nd rounder for him.

If he plays within earshot of the deal's value, it will have been an absolute steal for San Francisco.

Garoppolo went 5-0 last season and broke Kurt Warner's record with 1,250 passing yards in his first four starts.