Kaepernick Gets Contract Extension

[mraynrand]

Forget the hat. Forget the biceps and forget the tats. A ****ing quill?





Is that a ball point pen masquerading as a quill?

That's just so he doesn't take the pen with him. Gotta cut down on costs...

[red]

told you guys months ago that he and russell would get this kind of money

these a joe flacco/eli manning types of QB's. they are starting QB's on teams that are stacked with other talent

the 49ers and soon the seahawks will both be worse teams because they have/will overpaid their average-ish starting QB's

[Bossman641]

Somebody dig up the thread from a few months back where we were all predicting his next deal.

[Guiness]

Forget the hat. Forget the biceps and forget the tats. A ****ing quill?

Is that a ball point pen masquerading as a quill?

49ers gave most of their draft choices a quill to sign with this year. When I saw the first one, thought he did it on his own and it was neat, but if the team is doing it with all the signings, it will grow old quickly. I also don't see an inkwell there, so I assume they just busted open a Bic pen, and jammed the innards into a feather.

[Joemailman]

Somebody dig up the thread from a few months back where we were all predicting his next deal.

Done.

[Bretsky]

told you guys months ago that he and russell would get this kind of money

these a joe flacco/eli manning types of QB's. they are starting QB's on teams that are stacked with other talent

the 49ers and soon the seahawks will both be worse teams because they have/will overpaid their average-ish starting QB's

Didn't you just note your IQ was high ? Now you refer to Russeel Wilson as average ?

And it's hard for me to call Kap average until he stops making us his bitches....and even then...if you are the GM it'd be dam tough to make the call to let him go.

To me, Alex Smith...that is the difficult one. Teams need to pay Kapernick and Wilson

[pbmax]

I consider him a new age Paul Justin.

[pbmax]

told you guys months ago that he and russell would get this kind of money

these a joe flacco/eli manning types of QB's. they are starting QB's on teams that are stacked with other talent

the 49ers and soon the seahawks will both be worse teams because they have/will overpaid their average-ish starting QB's

red, PFT has a list of questions to determine how much money is real and how much is fluff. Not a bad read.

http://profootballtalk.nbcsports.com/2014/06/04/lots-of-fluff-likely-in-kaepernick-deal/

Liked the part about how to treat injury only guarantees.

[Brandon494]

Didn't you just note your IQ was high ? Now you refer to Russeel Wilson as average ?

And it's hard for me to call Kap average until he stops making us his bitches....and even then...if you are the GM it'd be dam tough to make the call to let him go.

To me, Alex Smith...that is the difficult one. Teams need to pay Kapernick and Wilson

Apparently any QB not named Brady, Manning, Rodgers, or Brees is average.

[gbgary]

PFT calls it a below-market-value, year-to-year deal and only 13m, and change, is fully guaranteed.

[Striker]

The San Francisco 49ers agreed to a contract extension with Colin Kaepernick early Wednesday afternoon, and details are slowly starting to come out. Initially the deal was reported to include $61 million in guaranteed money. Adam Schefter is now reporting the deal includes a signing bonus of "only" $12 million. Normally, signing bonuses for big quarterback deals are a lot bigger. It will be interesting to now see what kind of other guarantees his deal includes, and when exactly some of these guarantees actually kick in.

Given that this deal is an extension, it would seem that the $12 million prorationg ($2.4 million per year) is the only addition to this year's cap figure. Kap was looking at a $1.6 million cap hit because of $973,766 in base salary, $556,691 in prorated bonus money, and $100,000 in workout bonus. Add in the $2.4 million and he is potentially looking at a 2014 cap figure of $4,030,457.

Fooch's Update: Jason LaCanfora tweeted out that the deal lowers his 2014 base salary to $645,000, and adds a $100,000 workout bonus. Tht would seem to give him a 2014 cap hit of $3,701,691.

It is important to note this is all based on this early reporting. There might be other money impacting 2014, but this is based on what we've heard so far.

Adam Schefter tweeted another interesting note:

Adam Schefter
Colin Kaepernick specifically requested his deal allow 49ers flexibility to negotiate extensions with players such as WR Michael Crabtree.


During his press conference, Kap said that the deal was structured so the team could re-sign some key players. Given that he is potentially only looking at a $2.4 million increase, that would seem to leave the 49ers with a little under $6 million in cap space in 2014. They'll save some of that for injury necessity, but there is still some money for potential contract extensions.

The 49ers now have the financial structure in place to figure out where they will go next. And that was always one of the important reasons to get a Kap deal done sooner rather than later. This will be the biggest contract on their books for the foreseeble future, so it's good to know exactly what we're talking about with this deal.

Protects them this year in the hope that the cap spikes upward the next few seasons.

[smuggler]

They're in the same boat we are. One injury ruins their season. If he plays well (enough) and stays in SF for this year and the 6 others, none of that deal is fluff. As far as being 'under market value'? I laugh at that notion.

[Rastak]

After reading the details 49ers got a decent deal on that contract. If he declines at all he's out with not that much of an impact. If he gets hurt his numbers start dropping with the de-escalator.

[woodbuck27]

Ian Rapoport @RapSheet 9m
For #49ers QB Colin Kaepernick: It’s a 6-year extension worth up to $126M with $60M guaranteed, source says. Under contract through 2020

Ian Rapoport @RapSheet 9m
The #49ers have agreed to terms on a 6-year mega-extension with star QB Colin Kaepernick that could eclipse $20M per year, source says.

Great !

I'm glad they now took on this heat ($$$$ CAP $$$$) when the heat on this franchise is already turned up.

[Iron Mike]