The clock struck 12. The deal is done.

In an industry driven by deadlines, the deadline finally came for the 49ers. And they moved to their bottom-line position. And receiver Brandon Aiyuk took the deal.

PFT has confirmed that the 49ers and Aiyuk have agreed to a four-year, $120 million extension. Adding in his existing $14.1 million salary for 2024, he’s under contract for five years at $134.1 million.

According to a source with knowledge of the terms, it is a “real” $30 million per year, at the value of the extension. We will eventually have the full figures and the real and practical guarantees, plus all the other relevant details.

For now, we know this — the deal pays out $90 million over the first three years. That leaves $44.1 million over the last two.

And so, three days after the CeeDee Lamb hiatus ended, the Brandon Aiyuk hiatus has ended — just as things were about to get ugly.

The 49ers and Aiyuk have 11 days until their Week 1 game against the Jets.