The San Francisco 49ers still have not reached an extension agreement with Brock Purdy. A recent report indicates the two sides are not close on a new deal.

Purdy has led the 49ers to two NFC Championship Games and a Super Bowl. He is slated to become the highest-paid player in franchise history. However, NBC Sports’ Matt Maiocco revealed that negotiations have stalled out.

“The latest is that the 49ers have made an offer. It’s kind of sitting out there,” Maiocco said on “Murph and Markus.” “Brock Purdy and his camp—and I don’t know how much involved Brock is. I’m sure the agent is shielding him from a lot of this stuff. But the offer the 49ers have made isn’t one that Brock Purdy’s side is inclined to take at this point, nor will they.

“So it’s just a matter of trying to find that right number. I think Purdy’s camp, it feels like the market is set.”

The 49ers may have reservations about making Purdy one of the highest-paid players in the league. He struggled last season when the players around him were injured. However, the team has found success with him at the helm, and he has earned a significant pay raise. He is right to seek a contract that is fitting for a player who has led a team to a Super Bowl. However, this could turn into a holdout situation.

“But right now, from my understanding, it doesn’t sound like anything’s close,” Maiocco said. “There will still be, I’m sure, a few more offers exchanged here in the coming weeks. Everybody seems to be confident that it’ll get done eventually, but it’s just kind of this back and forth.

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“I’m not sure that there’s a lot more that could happen on the quarterback market that would change how this deal would be structured or the average per year or the signing bonus money. So, it’s a process, and nothing much has changed over the last couple of weeks.”

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