Colin Kaepernick Once Sacrificed $87 Million And Settled For Just $20 Million Net Worth For This Reason

Published 08/06/2022, 11:30 AM EDT
SANTA CLARA, CA – AUGUST 26: Quarterback Colin Kaepernick #7 of the San Francisco 49ers looks on from the sidelines against the Green Bay Packers in the first half of their preseason football game at Levi’s Stadium on August 26, 2016 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)

Colin Kaepernick is a very household name when it comes to the NFL. He had a great stint in the league and, since then, has been actively involved in dealing with social issues around the country.

Currently, Kaepernick’s net worth is estimated to be around $20 million. However, it could have been much more had he not sacrificed a grand total of $87 million. The former 49ers quarterback could have been way richer had things not led to the situation that caused him to sacrifice that huge amount.

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Back in 2014, Colin Kaepernick signed a 7-year deal with the San Francisco 49ers. This extension enabled Kaepernick to earn $126 million from the deal and $61 million in potential guarantees. However, Kap wasn’t able to get the whole money from that contract, because he opted out of this deal in 2017.

This caused Kaepernick to lose an estimated $87 million. It wasn’t easy for Colin Kaepernick to opt-out of that deal, but the situation demanded him to. The 49ers had already discussed with Kaepernick that he wasn’t part of their long-term plans.

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If Kaepernick had not opted out of his contract, the Niners would have released him. As a result, it was better for Kaepernick to opt-out of that deal by himself. After that, no team took a chance on Kaepernick to this day. Due to it, he has been out of the league for more than 5 years now.

Colin Kaepernick had a fruitful stint in the NFL

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Colin Kaepernick was drafted in the 2nd round of the 2011 NFL Draft. The San Francisco 49ers drafted him with the 36th overall pick. Even though his time with the 49ers ended badly, Kaepernick had a good career with the team.

NEW YORK, NY – DECEMBER 05: Colin Kaepernick receives the SI Muhammad Ali Legacy Award during SPORTS ILLUSTRATED 2017 Sportsperson of the Year Show on December 5, 2017 at Barclays Center in New York City. Tune in to NBCSN on December 8 at 8 p.m. ET or Univision Deportes Network on December 9 at 8 p.m. ET to watch the one hour SPORTS ILLUSTRATED Sportsperson of the Year special. (Photo by Slaven Vlasic/Getty Images for Sports Illustrated)

He played six seasons for them. During those six seasons, Kaepernick threw for 12,271 yards and 72 touchdowns. Kaepernick, during his six games in the playoffs, threw for 1374 yards and 7 touchdowns. He even took the 49ers to a Super Bowl, which they unfortunately lost.

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Kaepernick’s impact off the field was much greater. Due to it, he gained a lot of fans who have been very supportive of him. Kap has continuously pursued a return to the NFL, but so far to no avail. Hopefully, he will get his opportunity in the future.

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Abhimanyu Chaudhary

505 articles

Abhimanyu Chaudhary is an NFL author at EssentiallySports. He has been a life-long fan of the Los Angeles Lakers and Liverpool FC. But when it comes to the NFL, you can always see him rooting for his favorite superstar Patrick Mahomes and the Kansas City Chiefs.

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