Now some of the real numbers are coming out and the number are not like what was reported in the original leaks.
Quote:
Instead of more than $60 million guaranteed, the actual contract includes only $13.073 million in fully guaranteed money. The rest of the money is guaranteed for injury only.
According to PFT, the only fully guaranteed aspects of the deal are a $12.328 million signing bonus, a base salary of $645,000, and a workout bonus of $100,000 in the first year of the deal.
With those figures, Kaepernick’s salary cap figure in 2014 would be approximate $3.8 million. ....
The rest of the so-called guaranteed money comes in the form of base salaries in 2014-‘17, and part of 2018, which are guaranteed for injury only. In other words, if the 49ers experience buyer’s remorse, they can release Kaepernick and only absorb the remaining prorated money from his signing bonus as a hit on the salary cap.
The deadline for the 49ers to pick up the base salary on Kaepernick’s contract comes on April 1 of each year. His base salaries, according to PFT’s sources are:
2015: $12.4 million
2016: $13.9 million
2017: $16.5 million
2018: $17 million – with $5.2 million guaranteed for injury only by the April 1 deadline.
Then, Kaepernick has non-guaranteed base salaries in 2019 of $18.8 million and, in 2020, of $21 million.
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http://www.csnbayarea.com/49ers/pft-...tle-risk-49ers
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