Bob Stanton-USA TODAY Sports
Cole: Broncos asked Colin Kaepernick to take a $7 million pay cut
Mar 31, 2016 at 9:54 AM
•
Videos are auto-populated by an affiliate. This site has no control over the videos that appear above.
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.
Facebook Comments
More San Francisco 49ers News
Brock Purdy aims to take 'next steps' with 49ers, addresses future contract
Cam Inman of Bay Area News Group caught up with Brock Purdy over the weekend as the San Francisco 49ers quarterback hosted his inaugural youth football camp at Levi's Stadium. Today, Purdy and most of his teammates will report to the team for the start of the offseason program, which will be limited to meetings, strength and conditioning, and physical rehabilitation over the next couple of weeks.
While this offseason holds significance for Purdy as he seeks to build upon an impressive 2023 campaign that saw him set a single-season franchise
49ers sign WR Trent Taylor, reuniting with former draft pick
The San Francisco 49ers announced the signing of wide receiver Trent Taylor to a one-year deal, reuniting with the team's former fifth-round draft pick out of Louisiana Tech.
Matt Maiocco of NBC Sports Bay Area was the first to report that the 49ers were discussing a potential reunion with Taylor. The receiver was part of head coach Kyle Shanahan and general manager John Lynch's first draft class in 2017 and spent his first four NFL seasons with the team.
The #49ers are talking with free-agent slot receiver/return man
Draft Watch: Western Kentucky WR Malachi Corley visiting 49ers on Wednesday
The San Francisco 49ers are hosting several draft prospects this week as the deadline for pre-draft visits draws near. According to Aaron Wilson of KPRC2, the team will host former Western Kentucky wide receiver Malachi Corley on Wednesday.
Corley is expected to be a Day 2 pick. San Francisco owns two selections on Day 2—the No. 63 overall pick in the second round and the No. 94 overall pick in the third round. Currently, the receiver is visiting with the Seattle Seahawks.
Western Kentucky @WKUFootball receiver Malachi Worley
Rapoport: 49ers send clear message to teams inquiring about Brandon Aiyuk
Ian Rapoport didn't offer much of an update on the ongoing contract negotiations between the San Francisco 49ers and their standout wide receiver, Brandon Aiyuk. However, the NFL insider emphasized one thing: The team is not entertaining trade discussions at this juncture.
Reacting to Aiyuk's decision to unfollow the 49ers on Instagram, Rapoport couldn't help but chuckle at the latest development. This practice has become commonplace among players who are unhappy with their contract situations. Wide receiver Deebo Samuel similarly took this action in 2022 before requesting to be traded just before the draft.
Things have yet to escalate that far with Aiyuk, but Rapoport sees his
