Sakamoto: Colin Kaepernick Has $7.5 Million Insurance Policy with 49ers, Tinted Visor Not Approved!

August 26, 2016; Santa Clara, CA, USA; San Francisco 49ers quarterback Colin Kaepernick (7) warms up before the game against the Green Bay Packers at Levi's Stadium. Mandatory Credit: Kyle Terada-USA TODAY Sports

August 26, 2016; Santa Clara, CA, USA; San Francisco 49ers quarterback Colin Kaepernick (7) warms up before the game against the Green Bay Packers at Levi’s Stadium. Mandatory Credit: Kyle Terada-USA TODAY Sports

As first reported by ESPN, San Francisco 49ers QB Colin Kaepernick received a $7.5 million insurance policy from the team. This report according to ESPN’s Adam Schefter, in addition, Schefter reports that if Kaepernick plays 50 percent of the snaps, a $1 million incentive will kick in (according to league sources).

“The 49ers purchased a three-part, $500,000 insurance policy in which Kaepernick is the beneficiary, according to a league source. If Kaepernick is hurt to the point where he cannot play next season, he would collect $7.5 million tax-free, a figure close to what he would have made in Year 2 of his original contract ($14.5 million before taxes).”

VIDEO: ESPN Stephen A. Smith: “Trent Baalke Needs To Be Fired…He Ruined This Franchise!

While Kaepernick will make his season-debut as the team’s starter, he will not wearing a tinted visor. No surprise here, as I asked Kap why he continues to wear one despite not getting league approval. (watch video below).

WATCH: Colin Kaepernick Had Brief Conversation Before Today’s Practice: “Told Me [Kelly] I was Up This Week.”

 

Ryan is the Founder/CEO of NinerFans.com, 49ers Beat Writer, Live Game Day Correspondent for Bleacher Report and member of Pro Football Writers of America. Born and raised in San Jose, he also graduated from San Diego State University. His work has been featured on NFL Network, 95.7 The Game, National Football Post, Sports Illustrated, FanSided Network, ESPN Radio, CBS Sports 810, and NBC Bay Area News. For more information, please contact him via email at ryan@NinerFans.com or call him at (408) 622-0996.

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