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Broncos, 49ers agree to deal hinging on Kaepernick re-structure

Ryan Koenigsberg Avatar
April 2, 2016
Kaepernick Tomsula benched 09 28 15 e1459636464986

 

As reported by ESPN’s Adam Schefter, The Denver Broncos and San Francisco 49ers have agreed on the parameters of a trade that would send quarterback Colin Kaepernick to Denver, there’s just one last obstacle.

Kaepernick is owed nearly $12 million this season on his current contract, with a cap hit of more than $15 million. The Broncos don’t have that kind of cap space and are seeking a much more friendly deal.

Kaepernick was in Denver this week to meet with Broncos VP of Football Operations/General Manager John Elway but the two parties are still reported to be pretty far off on the potential re-structure.

If the deal were to go through, the Broncos would be sending a mid-round pick to San Francisco.

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