49ers reward RB Christian McCaffrey with 2-year extension

SANTA CLARA, Calif. -- Reigning Offensive Player of the Year Christian McCaffrey once again has reset the running back market, signing a two-year extension with the San Francisco 49ers averaging $19 million per year, sources told ESPN's Adam Schefter on Tuesday.

McCaffrey will receive an additional $8 million over what he was scheduled to make in 2024 and 2025 while adding $24 million in guarantees. The deal was negotiated by WME Football.

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His new deal will keep him with the 49ers through the 2027 season. Before the reworked deal, McCaffrey had two years remaining on the lucrative extension he signed with the Carolina Panthers in 2020.

But those two seasons had zero remaining guaranteed dollars in base salaries of $11.8 million in 2024 and $12 million in 2025. The extension guarantees all of that and comes with $8 million more for McCaffrey.

https://www.espn.com/nfl/story/_/id/40276938/sources-49ers-give-christian-mccaffrey-2-year-38m-extension

In 2023 McCaffrey posted 2,023 yards from scrimmage and scored 21 total touchdowns.