Colin Kaepernick, 49ers Agree on Restructured Contract

Joseph Zucker@@JosephZuckerFeatured Columnist

SANTA CLARA, CA - OCTOBER 02:  Colin Kaepernick #7 of the San Francisco 49ers looks on from the sidelines against the Dallas Cowboys during the second half of their NFL football game at Levi's Stadium on October 2, 2016 in Santa Clara, California.  (Photo by Thearon W. Henderson/Getty Images)
Thearon W. Henderson/Getty Images

The San Francisco 49ers and quarterback Colin Kaepernick have agreed to a restructured contract, according to ESPN's Adam Schefter and Adam Caplan.

Continue for updates.

Kaepernick's New Contract Details Revealed

Wednesday, Oct. 12

Schefter and Caplan expanded on the terms of Kaepernick's new deal:

49ers and Colin Kaepernick 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, sources tell ESPN. The monetary value of the deal for this year remains the same. Should he want, Kaepernick can void the deal after this season, before the new league year begins in March, allowing him to become an unrestricted free agent if he so chooses. The 49ers will not be allowed to use their franchise tag on him. The two sides have spent months trying to rework the contract, dating back to San Francisco's trade conversations with Denver last spring, but those talks heated up over the past four weeks and now have been successfully completed.

Schefter and Caplan added Kaepernick's 46-man roster bonuses will be converted to guaranteed salary and that a playing time bonus was added.

Latest on Kaepernick's Contract Situation

Tuesday, Oct. 11

Kaepernick said talks were still ongoing with the team, per Matt Maiocco of CSNBayArea.com.

Citing a source, Jason Cole of Bleacher Report reported Monday the 49ers agreed to guarantee Kaepernick's remaining weekly roster bonus, adding $1.375 million to the quarterback's contract. Cole later provided more of what he is hearing regarding the terms of the restructure:

On Oct. 7, Ian Rapoport of NFL Network reported Kaepernick and the 49ers were working on a restructured contract in an effort to "alleviate concerns regarding injury guarantees" in his prior contract.

Kelly Comments on Kaepernick's Future with 49ers

Thursday, Sept. 1

Kaepernick's Future with 49ers Reportedly 'Cloudy'

Tuesday, Aug. 30

Cole passed along what he was hearing regarding Kaepernick's status on the 49ers roster and the biggest issues that will determine his presence in San Francisco:

Ryan Sakamoto @BEASTwriter_

#49ers HC Chip Kelly on if Kap will make 53-man roster: #49ersBeastWriter https://t.co/1BOldt0WDb

49ers OC Comments on Kaepernick's Future

Monday, Aug. 29

Offensive coordinator Curtis Modkins addressed whether Kaepernick would be on the team's 53-man roster:

"I would anticipate that, but it's not, you know, that's not where we're at right now," Modkins said, per Barrows. "We're getting ready for the Chargers right now, and he'll be there. So I don't anticipate that not being the case."

Kaepernick Reportedly Fighting an 'Uphill Battle' to Stay on 49ers Roster

Sunday, Aug. 28

According to Fox Sports' Jay Glazer (via Rotoworld), San Francisco may be looking to cut Kaepernick either before it finalizes its 53-man roster or in the middle of the season. Releasing the 28-year-old would be a costly move for the 49ers.

Kaepernick Has Regressed Since Bright Start to Career

Kaepernick is coming off a disappointing 2015 season. He lost the starting QB job to Gabbert and threw for 1,615 yards, six touchdowns and five interceptions in nine games. Heading into Week 6, Kaepernick has recaptured the starting position.

A right shoulder injury limited Kaepernick's participation in training camp and the preseason.

Based on his struggles last year, other teams may not initially jump at the chance to sign Kaepernick should he hit the open market this offseason.


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