San Francisco landed a potential steal, securing a perennial Pro Bowl receiver at a discount rate. Multiple headlines, including a contract breakdown piece, suggest reporters view this as elite value for the 49ers. At three years and $60.4 million, Evans appears significantly underpaid relative to his consistent elite production. Fans are excited about pairing Evans with San Francisco's system, though his age raises some durability questions. If Evans stays healthy, this signing immediately elevates the 49ers' receiver corps into championship contention.
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Contract Value Index (CVI)
B
Good Value
OverpayFair ValueGreat Value
This signing grades out as a reasonable signing for the San Francisco 49ers — the team is getting significantly more on-field production than what they're paying for. Mike's on-field performance ranks in the upper half among NFL WRs, grading him as a solid starter at the position. His $14.1M average annual value ranks as below-market money for the WR market. The production-to-cost ratio is favorable — solid starter output at a below-market price point represents solid asset management. Mike is squarely in his prime, which adds to the deal's upside — the team should get multiple productive seasons out of this contract. The 3-year, $42.4M contract with $16.3M guaranteed (38%) represents a moderate investment with room to exit if needed.
Contract Details
Length
3 years
Total Value
$42.4M
AAV
$14.1M
Guaranteed
$16.3M
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