49ers

Jimmy G now fifth-largest QB contract after Watson extension

49ers

With the NFL season less than a week away, another quarterback is getting his money. Deshaun Watson and the Houston Texans announced a new four-year contract extension Saturday morning, worth a reported $177 million with $111 million in guarantees.

49ers quarterback Jimmy Garoppolo’s contract now is the fifth-most valuable in the league at his position. Watson slides in at No. 2, just ahead of Matt Ryan’s $150 million deal with the Atlanta Falcons, but doesn’t come close to the behemoth agreement reigning Super Bowl MVP Patrick Mahomes signed with the Kansas City Chiefs.

Watson’s new extension also pushes Garoppolo down to ranking No. 12 among QBs in terms of average annual contract value ($27.5 million), as Watson stands to make $39 million a season.

RELATED: Where Jimmy G ranks among PFF's top QBs going into season

Across 37 NFL starts since being the No. 12 overall pick in 2017, Watson has thrown for 9,716 yards with 71 touchdowns and 29 interceptions. Houston earned a spot in the 2019 playoffs after a strong 10-6 season, but ran into Mahomes and the eventual Super Bowl champions in the divisional round.

Garoppolo has two more years remaining on his contract after the 2020 season, but if he proves to be the franchise QB 49ers fans and executives alike believe he can be, his next extension offer from San Francisco will have a lot of zeroes behind it.