Kaepernick Gets Contract Extension

[woodbuck27]

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.

Is that " a turkey feather " ?

[red]

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

i think russell is better then kapernick, but honestly, if either of those teams lose their QB that team is gonnabe just fine

sure, he's looked like a HOFer against us, but thats because our defense is a joke. against everyone else in the NFL is just looks "ok"

i wouldn't even call him a top 10 QB right now. but maybe like PB said, it could just be all fluff

[mraynrand]

Everyone not in in San Fransisco secretly hoping for a fluff deal. People seem to hate this dude for no apparent reason. Oddly enough, no one seemed to care when humanlife failure Cutler got an obscene guaranteed contract.

That's not true. I hate him because he keeps beating us. And for the hat.

[mraynrand]

i think russell is better then kapernick, but honestly, if either of those teams lose their QB that team is gonnabe just fine

I LOLed at that one. Colt McCoy - LOL. I think Will Tukuafu is the emergency...

Tarvaris Jackson = Washed up; Terrelle Pryor - never say never, I suppose...

[denverYooper]

Is that a ball point pen masquerading as a quill?

I had the same thought. It's like someone strapped a pigeon feather on a Bic.

[pbmax]

http://profootballtalk.nbcsports.com/2014/06/05/the-full-kaepernick-contract-details/

Only $13 mil guaranteed as of now. Base salaries in future years do not becomes fully guaranteed until April 1 of that year (otherwise guaranteed for injury only). Not only gives them time in offseason to determine his health, but also happens after FA starts, which gives them a lot of leverage.

De-escalator can remove $12 million of deal $2 mil/year in each of the last 8 years. The threshold for stopping the de-escalator is 80% of snaps (mainly healthy starter) or a Super Bowl visit or All Pro (1st or 2nd team). There are also large roster bonuses.

Very little of this deal is guaranteed, but for the relief of Packer fans, if he is playing, its costing the 49ers more. For a contract with a ridiculous headline number, its very team friendly. I think its odd his agents let him sign it since it runs for seven years. He is never in the drivers seat.

[deake]

So this year its cap friendly and next year it costs them 20 mil?

[pbmax]

So this year its cap friendly and next year it costs them 20 mil?

Signing bonus was $12 mil+ over six extension years. So max accrued cost year to year for cap purposes is $2 mil (might be less if they prorate over extension PLUS this year). Base in 2015 is $12.4 mil.

So his cap number in '15 will be well under $20 mil.

[Guiness]

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.

Seems very team friendly. I'd venture that if he had enough confidence, he should've done what Flacco did, bet on himself and go into the last year of his contract rather than sign this.

The 2M de-escalators are particularly onerous - he loses 2M/year if he doesn't get named all-pro (he hasn't been yet) or the team goes to the SB. So unless the planets really align, kiss that good-bye. They also didn't touch his base for the coming season, it's still at 645K.

I think the worst part of the deal for him, however, is the injury guarantee that converts to a full guarantee April 1st - after FA has already started! The 49ers could cut him loose any year, including after the 2014 season, with minimal cap hit, <10M starting after the 2014 season.

[Smidgeon]

Seems very team friendly. I'd venture that if he had enough confidence, he should've done what Flacco did, bet on himself and go into the last year of his contract rather than sign this.

The 2M de-escalators are particularly onerous - he loses 2M/year if he doesn't get named all-pro (he hasn't been yet) or the team goes to the SB. So unless the planets really align, kiss that good-bye. They also didn't touch his base for the coming season, it's still at 645K.

I think the worst part of the deal for him, however, is the injury guarantee that converts to a full guarantee April 1st - after FA has already started! The 49ers could cut him loose any year, including after the 2014 season, with minimal cap hit, <10M starting after the 2014 season.

Or if he plays less than 80% of the snaps. That's the easiest one to hit to avoid the de-escalators.

[Guiness]

Signing bonus was $12 mil+ over six extension years. So max accrued cost year to year for cap purposes is $2 mil (might be less if they prorate over extension PLUS this year). Base in 2015 is $12.4 mil.

So his cap number in '15 will be well under $20 mil.

2015 cap number, assuming he plays all the games but the 2M de-escalator kicks in, would be:
12.4(base) + 2.05(signing bonus) + 2(game day bonuses) + .4 (workout bonus)= 16.85M

[Guiness]

Or if he plays less than 80% of the snaps. That's the easiest one to hit to avoid the de-escalators.

Nope. He has to play 80% AND one of the other two choices have to occur. From PFT

Kaepernick can halt the de-escalation by taking, in any year of the deal, 80 percent of the snaps and if: (1) the 49ers appear in the Super Bowl; or (2) Kaepernick is named a first-team or second-team All-Pro.

The only good part of it for him is if he stops the de-escalator once, the rest going forward become guaranteed. What is not clear is if they are fully guaranteed, or just get rolled into his base which is not fully guaranteed until Apr 1 of each year.

Something else I just noticed - he didn't get the 2M in game day bonuses for the 2014 season! His agent is worse than Master P!

If, for some reason, the 49ers wanted to cut him lose next spring, they will have paid him 13M and owe him nothing more!

[woodbuck27]

Nope. He has to play 80% AND one of the other two choices have to occur. From PFT


The only good part of it for him is if he stops the de-escalator once, the rest going forward become guaranteed. What is not clear is if they are fully guaranteed, or just get rolled into his base which is not fully guaranteed until Apr 1 of each year.

Something else I just noticed - he didn't get the 2M in game day bonuses for the 2014 season! His agent is worse than Master P!

If, for some reason, the 49ers wanted to cut him lose next spring, they will have paid him 13M and owe him nothing more!

Obviously C K isn't paying attention.

He reminds me of someone missing or out of the Archie Cartoon series.

[Just Jeff]

SF will have to pay the cap gods dearly now. All veterans will need to be let go when their contracts are up and there can be no free agents signed nor contract extensions.

[pbmax]

The first report by PFT did frame that de-escaator condition as Guiness has it.

Kaepernick can halt the de-escalation by taking, in any year of the deal, 80 percent of the snaps and if: (1) the 49ers appear in the Super Bowl; or (2) Kaepernick is named a first-team or second-team All-Pro.

http://profootballtalk.nbcsports.com/2014/06/05/the-full-kaepernick-contract-details/

But the next article makes it an OR condition:

That’s a cap number of $18.35 million, which will drop to $16.35 million if he doesn’t take at least 80 percent of the snaps or if he fails to lead the team to the Super Bowl or to be named first-team or second-team AP All-Pro in 2014 and 2015.

http://profootballtalk.nbcsports.com/2014/06/05/so-how-does-kaepernicks-deal-help-the-team-sign-other-guys/

The second story is newer, and both written by Florio. Someone should email him. If its the AND condition, that is simply nuts.