According to multiple sources, the San Francisco 49ers and their franchise QB Colin Kaepernick are set to meet sometime this week to renegotiate a contract extension. Kaepernick’s agent Scott Smith of XAM Sports is determined to present an offer to the 49ers in the $20 million range. However, the question remains will the 49ers fork out $20 million per season to a quarterback who has yet to reach Pro Bowl status? 49ers CEO Jed York believes so, as he said:
“I think there’s a lot that he’s done that has put him in that position where he should be paid like one of the top quarterbacks in the league,” York said at the NFL owners meetings. “And I think that’s where we’ll end up — whether we get it done now or later. We hope we get it done soon. If we don’t, I don’t think it’s going to be acrimonious.”
And according to CSN Bay Area’s Matt Maiocco, the 49ers have $8 million in salary cap space due to the release of CB Carlos Rogers. The 49ers have expressed their interest in getting a deal worked out before the 2014 season as GM Trent Baalke has made it known to be a top priority. However, that has yet to happen and with training camp set to begin in July, the clock is ticking. But rest assured a deal will in fact get done as the 49ers clearly view Kaepernick as their face of the franchise.
With Kaepernick scheduled to earn $1.073 million for the upcoming season, look for Kaepernick to get paid as he has taken the 49ers to two straight NFC Championship Games including one Super Bowl.