Report: Colin Kaepernick Will Opt Out His Contract With 49ers To Become a Free Agent
Looks like it’s the end of an era.
San Francisco 49ers controversial QB Colin Kaepernick plans on opting out of his contract come March 2nd to become a free agent, according to ESPN’s Adam Schefter.
Once Kaepernick agreed to a restructured deal with the 49ers during last season, this move was pretty much expected and this news is just confirmation of that.
“The parties agreed to the restructured contract back in October right before the 49ers turned to him as their starting quarterback and benched Blaine Gabbert. In return for giving Kaepernick the ability to opt out of his contract, he agreed to void the final four years of his current deal.
If Kaepernick were to not opt out of his contract, the contract terms for 2017 would remain the same and include a $14.5 million salary. However, there would be no guaranteed money.
San Francisco is, however, barred from using their franchise tag on him, but there’s no way they were going to spend that kind of money on him anyways.”
In 2016, Kaepernick has completed 59.2 percent of his passes for 2,241 yards, 16 touchdowns and four interceptions, while adding 468 yards rushing.