T.S Quint
Coach
- Messages
- 14,912
Yeah I knew it was huge and remember the hoopla when it was first signed and then also remember the details being weird and a little different than normal and the 49ers were in a win/win kind of situation.
Just had another look into it and it's worked out better for the Niners than I thought.
The contract is 'worth' $126 million over 7 years, but he could end up getting a fraction of that.
He did receive a signing bonus of $12M, but his salary last season came to just $645k.
Starting from this coming season, his salary goes down $2M each year that he doesn't make either the All-Pro First Team or Second Team (which he is unlikely to do), or if the Niners don't make the Super Bowl (with the added caveat that Kap has to have taken 80% of the snaps).
As it turns out, the only guaranteed money Kap is owed is $61M - but only if he gets injured.
As it stands right now, the Niners could cut him and owe him absolutely nothing. This is an incredibly rare contract in the NFL, especially for a QB who would have definitely been signed up by somebody on a good deal if he wanted to leave.
I love it!
Not only is it a great deal for my team, but it also shows that Kap is willing to let his play dictate his salary, and has the confidence to make sure he does his best.
Wish there were some Eels players who would do something like this.
Here's the link where I got the info:
http://www.businessinsider.com.au/colin-kaepernick-contract-2014-12