Quarterback Brock Purdy secures his future with the San Francisco 49ers, signing a five-year extension and solidifying his role as the leader of the team’s offense for years to come.

EAGAN, Minn. (AP) — The San Francisco 49ers announced that they have sold small shares in the team to three Bay Area families. The Niners said the investments that give the new families a non-controlling minority interest in the team were approved by the NFL at league meetings on Tuesday.

The suddenly expedient Niners have taken care of business (for better or worse), including signing Brock Purdy, before the end of May.

Today, the San Francisco 49ers announced an investment in the team by three local Bay Area families - the Deeter family, led by Byron and Allison Deeter; the Griffith family, led by William Griffith;

The 49ers will have some intriguing position battles during OTAs and training camp this offseason. They let go of nine starting players and they don't necessarily have clearcut replacements for any of them. In many cases, rookies will have to beat out veteran backups for starting jobs.

The San Francisco 49ers are finally adding a tight end to the Edward J. DeBartolo Sr. San Francisco 49ers Hall of Fame.

The 49ers are still co-favorites to win the NFC West, and betting against Kyle Shanahan has been a losing effort for the majority of his NFL career.

Here’s a big problem for the 49ers ignoring their offensive line. They just signed quarterback Brock Purdy to a five-year, $265 million extension. Uniquely, the last pick in the 2022 NFL Draft became the highest-paid player in 49ers history.