Report: Kaepernick signs restructured deal, can become free agent in March
The San Francisco 49ers and Colin Kaepernick agreed to a restructured contract, giving the quarterback a new one-year deal with a player option for the 2017 season, according to ESPN's Adam Schefter.
As a result of the new terms, Kaepernick's remaining four years are now invalidated, and there are no injury guarantees in his contract.
In Colin Kaepernick's restructured deal thru '17, his 46-man roster bonuses become base salary. A bonus also triggers at 50% playtime.
— Ian Rapoport (@RapSheet) October 12, 2016
Kaepernick can void the contract at the end of the season and become an unrestricted free agent if he so desires, and the 49ers won't be able to use the franchise tag on him.
He was expected to make $14.5 million in base salary for the 2017 season prior to Wednesday's revision.
Kaepernick will make his first start of the season Sunday against the Buffalo Bills.