Can 49ers let Kaep go after 2014?
June, 5, 2014
By Tom Carpenter | ESPN Insider
As typically is the case when a quarterback signs a huge deal, the six-year contract extension reportedly worth up to $126 million that Colin Kaepernick signed on Wednesday likely will never result in him getting paid that full amount. In fact, Kaepernick's deal reportedly has plenty of hoops through which he'll have to jump, as well as outs for the Niners.
"[O]nly $13.073 million is guaranteed at signing. It comes in the form of a $12.328 million signing bonus, a base salary of $645,000, and a workout bonus of $100,000," noted Mike Florio of ProFootballTalk.com.
"For 2014, 2015, 2016, 2017, and part of 2018, the base salaries are guaranteed only for injury. On April 1 of each year, the guarantees convert from injury only to fully guaranteed. That gives the 49ers the ability to decide, in any given year, to move on from Kaepernick."