NFL Paid Colin Kaepernick, Eric Reid Less Than $10M To Settle: Report
Wall Street Journal experiences Kaepernick and Reid will obtain lower than $10 million whole.
Last month, former San Francisco 49ers quarterback Colin Kaepernick and Carolina Panthers security Eric Reid reached a settlement of their collusion grievance in opposition to the NFL.
At the time, Kaepernick's lawyer, Mark Geragos, and the NFL launched a joint assertion, through which they introduced the phrases of the settlement wouldn't be revealed because of a confidentiality settlement.
"For the previous a number of months, counsel for Mr. Kaepernick and Mr. Reid have engaged in an ongoing dialogue with representatives of the NFL. As a results of these discussions, the events have determined to resolve the pending grievances. The decision of this matter is topic to a confidentiality settlement so there shall be no additional remark by any celebration."
However, the Wall Street Journal experiences that Kaepernick and Reid will obtain lower than $10 million whole.
According to the Wall Street Journal report, it isn't clear how the cash shall be break up and the way a lot Kaepernick and Reid will internet after authorized charges, however it's far lower than the tens of hundreds of thousands of that some had projected they'd obtain.
For occasion, The Athletic's Darren Rovell figured Kaepernick would possible obtain more cash than he ever would have made in his profession if it by no means occurred. To put issues in perspective, Kaepernick's base wage in 2016 alone was practically $12 million, in keeping with ESPN.
Kaepernick, 31, opted out of his contract with the 49ers in March 2017, and has hardly acquired any curiosity from groups since. Meanwhile, Reid signed with the Panthers throughout the 2018 season and he inked a $22 million, Three-year extension with the group in February.