CMC, 49ers agree to two-year, $38 million contract extension originally appeared on NBC Sports Bay Area
Christian McCaffrey will remain with the 49ers for at least the next few seasons
The superstar running back and reigning NFL Offensive Player of the Year award winner agreed to a two-year contract extension with San Francisco, a source confirmed to Matt Maiocco of NBC Sports Bay Area. Mike Florio of Pro Football Talk first reported that the deal was for two years and $38 million.
Source confirms the 49ers have signed RB Christian McCaffrey to a two-year extension through the 2027 season.
— Matt Maiocco (@MaioccoNBCS) June 4, 2024
McCaffrey was originally under contract with the 49ers through the 2025 NFL season, and his extension will now keep him in the Red and Gold through the 2027 season while making him the league’s highest-paid running back with an average annual value of $19 million per season. .
After originally signing a four-year, $64 million contract extension with the Carolina Panthers in 2020, McCaffrey — as Spotrac’s Michael Ginnitti pointed out on X — will now be owed $62 million over the next four seasons after two more years with having worked for the 49ers.
RB Christian McCaffrey had two years and $24 million remaining on his contract with the #49ers. Assuming that’s two new years, $38 million in new money, he’s now looking at a four-year contract worth a total of $62 million through 2027.
The 27-year-old has earned $65.6 million in his seven-year career, which now ranks fourth…
— Spotrac (@spotrac) June 4, 2024
And there’s little doubt he’s worth it. McCaffrey has elevated the 49ers’ offense since being traded to San Francisco midway through the 2022 season.
In 2023, his first full season in 49ers coach Kyle Shanahan’s offense, McCaffrey recorded 272 carries for 1,459 rushing yards and 14 touchdowns on the ground, along with 67 receptions for 564 receiving yards and seven touchdowns through the air en route to the Crown. the best attacking player in the league.
McCaffrey reported to 49ers mandatory minicamp on Tuesday after skipping the team’s optional Organized Team Activity (OTA) practices last month for an undisclosed reason.
After agreeing to a new contract, McCaffrey can now focus on preparing for the 2024 season.
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