Colin Kaepernick’s Exit From San Francisco Made Him A Million Dollar Profit Thanks To A Clever Real Estate Investment That Sold For $3 Million
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Most of the athletes playing in the NFL tend to have lucrative investments to look after themselves post-retirement. Despite stepping away from pro football in 2017, it turns out the former Niners quarterback Colin Kaepernick had enough funds to back up his career. He had a beautiful mansion in San Jose. Kap sold that house right after parting ways with the Niners. It helped him find a new home on the east coast in New York.
During his time with the San Francisco 49ers, Kaepernick was undoubtedly one of the highest-paid quarterbacks. He could buy luxurious homes to himself, and the giant mansion in San Jose reflected it. He bought the house in 2014 for $2.7 million and handover it over to a renovation company to change the entire face of the structure.
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It was a 4,569-square-foot house with all kinds of amenities, including four bedrooms, five baths, and even a waterfall swimming pool with a Jacuzzi.
However, as soon as he opted out of his six-year contract with the Niners in 2016, Kaepernick sold the mansion for $3.075 million, which was $180,000 more than his initial price. Later on, he decided to relocate to the east coast in New York and ultimately bought a much more sophisticated condo in the city.
However, the athlete mentioned the move as an investment purpose. Per reports, he bought the two-bedroom apartment for $3 million. It had an open gourmet kitchen and spa bathrooms with whirlpool tubs. However, all these luxuries didn’t stop Kaepernick from running his movement and helping the discriminated sections of society.
Colin Kaepernick used various mediums to propagate his ideologies
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The athlete-turned-activist faced several setbacks for kneeling during the National anthem. However, he continued to move ahead and used media and public events as a platform to raise his voice. Kaepernick released a Netflix documentary that portrayed various phases of his life.
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Similarly, he is currently engaged in releasing a docu-series alongside the Two-time academy winner Spike Lee. His life story will be covered thoroughly with exclusive interviews and collections from the past.
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In a bid to inspire the younger generation, he wrote a children’s book “I color myself different” earlier this year. The 34-year-old is currently trying hard to make an NFL comeback; however, there have been uncertainties still looming over his career.
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Edited by:
Gurjyot Singh Dadial