Colin Kaepernick, 49ers reach six-year deal extension, more than $110m

Fuhgeddaboudit

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http://www.nfl.com/news/story/0ap2000000356009/article/colin-kaepernick-49ers-reach-sixyear-deal-extension
 
 
 
Colin Kaepernick was an unknown commodity two seasons ago, a backup quarterback behind a division champion starter. Now Kaepernick is a true franchise quarterback, with the contract to prove it.
NFL Media Insider Ian Rapoport reports that Kaepernick and the San Francisco 49ers have agreed to terms on a six-year extension through 2020. Kaepernick was entering the final year of his rookie contract, which was set to pay him under $1 million.
 
 
 

BwareDWare94

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Hey, let's pay our bottom 15 quarterback like a top 5 quarterback. Sounds logical.

Oh, and let's continually try to fire the coach who's made us relevant again. 
 
#49erFrontOfficeLogic
 

Fuhgeddaboudit

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Wait a minute...it's actually not that expensive..
 

Jason La Canfora        ✔ @JasonLaCanfora
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Kaepernick's deal includes de-escalators that could reduce max worth from $126M-$114M. Deal could be looked at as 2yrs/$28m, pay as you go
 
http://deadspin.com/colin-kaepernicks-126-million-contract-is-remarkably-1586520353
 
 

Pro Football Talk has the contract language, and it's a unique deal in two ways. First, since the initial five years are guaranteed for injury only, the Niners can cut Kaepernick at any time and not owe him a thing—it's pay-as-you-go. Second, instead of bonuses, the deal contains a de-escalator clause that requires Kaepernick to be wildly successful, or his payout drops each year.
Kaepernick's signing bonus is a relatively small $12.3 million. Spread out over the life of the deal, that's just $2 million a year in guaranteed cap hit. "Part of the way the contract is written," Kaepernick said, "was so [the 49ers] would be able to sign other players." Fine. That's standard.

 
 
 

Shaggy

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Fuhgeddaboudit said:
Wait a minute...it's actually not that expensive..
 

Jason La Canfora[/size]        ✔ @JasonLaCanfora
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Kaepernick's deal includes de-escalators that could reduce max worth from $126M-$114M. Deal could be looked at as 2yrs/$28m, pay as you go
 
http://deadspin.com/colin-kaepernicks-126-million-contract-is-remarkably-1586520353
Good safety net for them and they will need it. He isn't a top tier QB. Now that he has his paid day, watch his play go down.
 

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