Kaepernick’s settlement may not have been as significant as some believe

Getty Images

In the immediate aftermath of the announcement that the NFL had settled the collusion grievances filed by Colin Kaepernick and Eric Reid, speculation emerged that Kaepernick and Reid cashed in, significantly. And while no one has yet to blab about the specific amount (it seems inevitable that someone eventually will), there are some indications that Kaepernick and Reid didn’t strike it as rich as some believe.

First, the fact that Kaepernick may continue to seek employment with the NFL — and that he could, if denied employment, file a fresh claim for retaliation arising from his settled collusion grievance — suggests that the payment wasn’t a massive one. Buying out Kaepernick’s employment rights for the balance of his career would have been very expensive; the fact that the NFL didn’t buy out those employment rights, coupled with the potential exposure the NFL will have to a retaliation grievance if he remains unemployed, suggests that an enormous amount of money did not change hands.

Second, per a source with knowledge of the internal procedures that resulted in the settlement, the payments by the NFL to Kaepernick and Reid did not require the approval of team owners. Instead, the NFL’s Management Council Executive Committee voted unanimously to approve the settlement, without a vote of the member clubs.

Third, to the extent that the 1/32nd share of the settlement will be reflected in an eventual financial report of the Green Bay Packers, it’s believed that the impact of the payment will be immaterial to the broader figures reflected in the document.

Fourth, multiple people connected to the league have, without disclosing the number, downplayed the settlement as an amount that will cover the league’s anticipated legal expenses for the duration of the arbitration, with perhaps a bit more. (The anticipated legal expenses weren’t disclosed; chances are those amounts would have been in the seven figures, not in the eight figures.)

Fifth, another source with knowledge of the situation tells PFT that speculation that the settlement amount landed in the range of $60 million to $80 million is incorrect.

It’s still possible if not likely that someone with knowledge of the specific payment will leak it. Until that happens, the available information suggests that Kaepernick and Reid ultimately will not be receiving the kind of major payday that some had suggested in the immediate aftermath of Friday’s news that a deal had been reached.

It also means that, in our unofficial setting of the over/under at $49.5 million, the winning bet may be the under.

16 responses to “Kaepernick’s settlement may not have been as significant as some believe

  1. Good. Kaepernick doesn’t deserve anything more than the veterans minimum at this point, and didn’t after he lost his starting spot to Blaine Gabbert. It’s been proven without a doubt (unlike the mindless speculation spewed from this site) that Kapernick has outrageous contract demands, so maybe that combined with how he’ll alienate a large portion of the fanbase is why he remains unemployed… Or maybe it’s because he wasn’t good enough to beat out Blaine Gabbert.

  2. So far I seen articles that have said it’s a ton of money, then an article that said it not a lot of money, another article said Kap signed a deal that would not allow him to play,an article with a quote from Kap’s agent saying that the settlement will allow him to play.

    I’m just going to assume that all articles on this topic are just speculation and at this moment the details have remained confidential

  3. do the math
    each team ponies up $3 million
    keeps the owners out of court
    keeps their personal lives personal
    protects the NFL
    but the math says, somewhere around $90 million
    and that is cheap, as a lost court battle could easily have been in the hundreds of millions

  4. They probably settled by agreeing to pay Kaep’s lawyer’s fees because Kaep is probably broke and the next lawsuit was going to be his lawyer suing him for non-payment. Probably the only think Kaep and Reid got was a beer for them to cry in.

  5. If the NFL gave him anything more than 1 dollar, they are fools. If so any former NFL player could hire a lawyer and for even the most frivolous matter and get some type of settlement.

  6. He was benched. He got mad about it, and refused to stand for the anthem. That was the original story, that was swept under the rug. When asked, he turned it into a racial issue. Helped him stay relevant, and in the news.

  7. Quietly the issue of kneeling during the anthem was not resolved, unless it paved the way for protests like Kaepernick’s. The NFL basically admitted collusion, what happens next time a protest arises?

    Trump & his followers always lose against the rule of law.SEE: US Constitution.Notice Trump’s silence-deafening huh?

    Does anyone think they will suspend or bar players now for exercising 1A rights?

  8. The NFL should have fought this hard. I haven’t seen evidence that teams collaborated to keep Kaepernick out of the game. QB is a rare position as teams choose one to play per game. Their aren’t many openings compared to other positions. They could say simply that their decision was based on not needing a QB with his questionable talent. NFL caved.

  9. Florio, you’re missing the point entirely. The NFL cannot include a clause to prohibit Kap from playing in the NFL because they are not his employer. That clause is for ex-employees and their previous employer. As you well know, the 32 teams are the employers. If his lawsuit was against a specific team then they could include such a clause but not the NFL. They have no employment jurisdiction over the teams and cannot bind them accordingly.

  10. No one will know the truth. This is a nonsense suit, like insurance companies pay.

    Kaperflip was 1-14 in his final two years of starting and left the 49ers with a contract on the table. He was wanted by the Broncos but wouldn’t compete for a starting position. He took himself out of the game.

    This suit was to make them go away. You’re getting your money, now go away.

  11. The media continue to keep making Kap relevant. He is no longer news worthy! Only in America are you allowed to disrespect the National Anthem(.in the name of free speech and expression) and then file a suit when someone reacts negatively to it. Grievance has been settled. Now we continue to have to read about a possible return to the NFL. Teams don’t have any body of work to evaluate Kap’s ability to even play at the NFL level. Last time he performed in the NFL, he was hardly a franchise QB. What has he done lately to even give a team something to evaluate? Sure we have his damn agents Promotional statements but that’s what they get paid to do. Seems to me if a player seriously wanted to play at the highest level, he would have made efforts to prove his worth anyway possible. Kap could have have played for an AAF team and wowed everyone, leaving no doubt about his readiness. Throwing passes to college players is not readiness to play in the NFL. Even better, go play in the CFL. Time to move on from the Kaepernick story.

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!

This site uses Akismet to reduce spam. Learn how your comment data is processed.