Alert Follow us at @49erswz until Twitter fixes the issues with our official account.
Bob Stanton-USA TODAY Sports

Bob Stanton-USA TODAY Sports


Cole: Broncos asked Colin Kaepernick to take a $7 million pay cut

Mar 31, 2016 at 9:54 AM--


Jason Cole of Bleacher Report stated today that, according to a source, the Denver Broncos asked San Francisco 49ers QB Colin Kaepernick to take a pay cut of approximately $7 million if they were to acquire him via a trade.


If Kaepernick remains on the 49ers' roster at 1 PM (PT) today, he will be on the roster on April 1 when his base salary of $11.9 million becomes fully guaranteed.

Cole's reliability in the past has been sketchy at best, but – for now – there is no reason to assume that this report is untrue. The Broncos have just $1.62 million in cap space according to the latest NFLPA report. They cannot currently absorb Kaepernick's salary without a renegotiation.

The interesting thing about Cole's report is that previous reports had stated that Denver and Kaepernick's camp had come to a general agreement on salary and that the compensation to the 49ers was the item holding up a deal. Denver valued Kaepernick at a fourth-round draft pick, of which they do not even have a tradable one. San Francisco likely wanted their third-round selection for the quarterback. So does this mean that Kaepernick agreed to such a pay cut to play for Denver?

The 49ers will still be able to trade Kaepernick following the April 1 deadline, which only guarantees his base salary. If traded, that would make his new team responsible for the salary since base salary payment does not come into play until September. The 49ers would still be responsible for various offseason bonuses like a $400,000 workout bonus that Kaepernick gets if he attends 90 percent of the team's voluntary offseason program.

It is entirely possible that trade talks could heat up leading to or during the NFL Draft at the end of April.

The Broncos, and possibly other teams, have likely been waiting until the deadline to see if there was a possibility that the 49ers might cut the quarterback, meaning they could sign him without giving up any compensation. However, San Francisco has repeatedly stated that they will not release Kaepernick and that he will be on the roster on April 1.

Kaepernick's representatives have stated that, should he remain with the 49ers past April 1, that he would be present for the team's offseason program, which begins on Monday.





More San Francisco 49ers News



49ers restructure Laken Tomlinson's contract, creating $1.34 million in salary-cap space

By David Bonilla
Oct 21, 2020

According to Field Yates of ESPN, the San Francisco 49ers have restructured the contract of guard Laken Tomlinson, creating an additional $1.34 million of salary-cap space by converting salary into bonuses. A couple of teams restructured contracts of starting guards by converting salary into bonuses to create 2020 cap space: ▪️Buccaneers with Ali Marpet: $4.125M created▪️49ers with Laken Tomlinson (voidable years added): $1.34M created— Field Yates (@FieldYates) October 21,

Read the Full Article


Will Jimmy Garoppolo play vs. Rams? 49ers QB says he'll 'take it day by day' this week

By David Bonilla
Oct 11, 2020

Jimmy Garoppolo clearly wasn't right after missing the last two games due to a high-ankle sprain. He looked off during the entire first half of Sunday's matchup between the San Francisco 49ers and Miami Dolphins — a game the Niners lost 43-17. Things got out of control early, and the 49ers found themselves in a massive hole at halftime. With Garoppolo struggling, head coach Kyle Shanahan decided to put in C.J. Beathard during the second half. "Just the way the whole game was going, just kind of watching how we were playing as a whole, how he was playing," Shanahan after the game. "You could tell he was affected by his ankle... I know he doesn't

Read the Full Article

Featured

More Featured Stories

Trending News

More News
Share 49erswebzone