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Colin Kaepernick, 49ers Agree to New Contract: Latest Details and Reaction
- Updated: October 12, 2016
The strange relationship between Colin Kaepernick and the San Francisco 49ers has taken another turn, with the quarterback agreeing to a new, restructured contract on Wednesday, according to ESPN’s Adam Schefter and Adam Caplan.
NFL Network’s Ian Rapoport reported Kaepernick and the 49ers were closing in on the new deal that is going to alleviate concerns about the injury guarantees. Matt Barrows of the Sacramento Bee reported on Oct. 7 that while the contract looked close, it had yet to be reviewed by Kaepernick’s agents.
In addition to those parameters, Rapoport noted the deal will give Kaepernick the option to void it after the 2016 season.
According to Schefter and Caplan, the two sides “agreed to a restructured deal, wiping out the last four years on the contract and turning it into a one-year deal with a player option to extend the deal for next year.”
Schefter relayed other bits of contractual minutiae:
In restructured deal, Colin Kaepernick getting 46-man roster bonuses converted to guaranteed salary + play-time bonuse added, per @caplannfl
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