The Denver Broncos may have their new starting Quarterback after all. According to ESPN's Adam Schefter San Francisco and Denver have the parameters of an agreement in principle on a trade that would send Kaepernick to Denver for a mid round draft pick. However the deal is contingent on Kaepernick and the Broncos agreeing on a restructured contract.
Kaepernick's salary cap hit for 2016 is scheduled to be $15.9 million. He is due to make $11.9 million in base salary for this next season.
According to the San Francisco Chronicle, Kaepernick and Broncos executive vice president of football operations/general manager John Elway have met at least once trying to get a deal done
The Denver Quarterback situation has been a turnstile since the Bronco's won the Superbowl back in February. Peyton Manning retired. Brock Osweiler signed with the Houston Texans as a free agent. Mark Sanchez was acquired by Denver in a trade with Philadelphia.
Cox Media Group