49ers sign Lance to rookie contract, Jets QB Wilson only unsigned first-round pick

Trey Lance has signed his rookie contract with the San Francisco 49ers, leaving New York Jets quarterback Zach Wilson as the last unsigned first-round pick.

The agency representing Lance, CAA, confirmed on Wednesday that Lance had signed his deal prior to the first training camp practice for the Niners.

His contract is a four-year, $34.1million deal with a fifth-year option that is included for all first-round picks.

San Francisco traded three first-round picks to move up to the third pick in the 2021 NFL Draft and select Lance as their quarterback of the future.

However, head coach Kyle Shanahan said on Tuesday that Lance enters camp as the number two quarterback, declaring there is no competition, at present, between him and starter Jimmy Garoppolo.

"There's no open competition right now," Shanahan said. "Jimmy is coming in as the one and Trey is coming in as the two."

While the 49ers can focus on developing Lance, the Jets began camp without second overall pick Wilson, who arguably needs the practice time more as he approaches his rookie season as the unquestioned starter.

The sticking point between the two sides is offset language. A common stumbling block when signing high draft picks, the Jets and most of the NFL include offsets in their contracts, providing financial protection should a player be released before the end of the contract.

An offset effectively ensures a player cannot collect two salaries from his old team and his new team if released.

New Jets head coach Robert Saleh, who was hired following a successful spell as the 49ers' defensive coordinator, did not sound overly concerned when asked about the stand-off on Tuesday.

"This is business, [general manager] Joe's [Douglas] got a great handle on everything and when it gets done it gets done," said Saleh.

"From a rookie standpoint you need as many reps as you can, it's something he'll have to navigate through and I've got a lot of faith in Zach, too. He's incredibly intelligent, he's got tremendous drive, so when he does get here I know that somehow, some way he'll make up for it."