Jimmy Garoppolo will remain with the 49ers on a restructured one-year contract.
According to ESPN's Adam Schefter, quarterback Jimmy Garoppolo has agreed to a restructured one-year contract extension with the San Francisco 49ers.
According to Schefter, the contract includes a no-trade and a no-tag clause.
The salary is reportedly $6.5 million, with an additional $9.5 million in bonuses possible.
Garoppolo completed 67.7% of his passes in 46 games over five seasons with the team, throwing for 11,162 yards, 66 touchdowns, and 38 interceptions (45 starts)
The 49ers were unable to find a suitable trade partner for Garoppolo and have decided to keep him.
San Francisco went 31-14 with Garoppolo at the helm during the regular season.
During Garoppolo's tenure in San Francisco, the team's record with other quarterbacks starting was 8-20.
In the postseason, the 49ers went 4-2 with Garoppolo starting, including trips to the Super Bowl and the NFC championship game.