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Colin Kaepernick’s net worth in 2017 was estimated at $22.0 million, but there have been a few bumps in the salary he was supposed to receive along the way. According to reports, Kaepernick received less than one-third of his record 126.0 million dollar contract, causing many to wonder why. His protest to stand during the national anthem has landed the NFL quarterback on the sidelines, but that’s not the only reason his pay fell short.
Colin Kaepernick might forever be known for his protest rather than his plays on the field, as he took a stand by taking a knee during the 2017 season. With a controversy sitting on the exact amount being pocketed, Colin Kaepernick’s net worth is reportedly over $22.0 million, but that amount could have been much higher.
Kaepernick’s seven-year contract deal was worth $126.0 million, but three years down the line, $39.0 million is what the NFL star was reportedly paid. And now, he is jobless! At the moment, it seems that Colin Kaepernick’s net worth is about $61.0 million less than what he was promised when the deal took place.
Colin Kaepernick, who some regard as an American hero, started as a basketball enthusiast but later switched sides with football, as he was granted many scholarships to play for different colleges.
The San Francisco 49ers were once one the worst teams in the NFL, but with Colin Kaepernick at the helm, the team won NFC championship games consecutively apart from the prestigious Super Bowl, as well. As a reward, he was handed a seven-year deal of a whopping $126.0 million back in 2014.
Source: Instagram
The sum included a “guaranteed” amount of $61.0 million. However, with the protest of the national anthem controversy and three not-so-successful years on the field, the player reportedly received just a meager payout ($39.4 million) of what was promised to him.
What had been an eye-popping deal turned out to be a disappointment because he stood up (by sitting down) for what he felt was right. As per the contract, $12.3 million was the signing bonus given to the American NFL star and a paltry sum of just $645,000 was his annual salary for the year 2014. In 2016, Colin Kaepernick’s net worth was $22.0 million.
Controversies that Rocked Colin’s Worth
If you think Colin Kaepernick’s contract was ended just like that, think again. Rack your memory to bring out those shocking moments when Colin refused to be a part of the national anthem on the NFL platform.
According to Forbes, Kaepernick stated, “I am not going to stand up to show pride in a flag for a country that oppresses black people and people of color. To me, this is bigger than football and it would be selfish on my part to look the other way. There are bodies in the street and people getting paid leave and getting away with murder.”
There were many players from the NFL, as well as other celebrities, who supported the American quarterback and his protest. The sales of his black jersey soared and brought in the much-desired focus on one of the worst teams in the NFL.
However, many did not appreciate the fact that Colin Kaepernick refused to show pride in his national flag. What started as positive publicity went to receive both support and backlash.
A Contract – Worded to Perfection
$61.0 million of the “guaranteed” sum of the amount promised to the player was never really the case. All the hoopla that seemed to surround the contract was not what it looked like, and it was all in the way the contract was worded.
Apparently, the “guaranteed” amount was to be gained only if Colin suffered a devastating injury that would break his career forever. The contract was worded carefully and meant that the 49ers could fire Colin Kaepernick off the team without having to owe him any more money, because this was not injury related.
Kaepernick restructured his contract in 2016 with the assumption that the 49ers were going to release him by the summer. He had hoped to become a free agent early so that he’d have more time and opportunity to be picked up by another team for a new contract.
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Source: Instagram
Colin Kaepernick’s Career Worth
One of the most famous NFL quarterbacks in the American sports world, Colin Kaepernick’s career earnings have been estimated to be on the rise.
With several controversies that this ‘thinking’ player seems to court and the always-increasing popularity of the sport, we have no doubt Colin Kaepernick will grace the covers of many sports magazines again. And if that happens, his career worth of $20.0 million at the moment is going to be on the rise.
Colin Kaepernick has been a permanent resident of San Jose, California. He bought a luxurious mansion in the year 2010, touted to be one of the most beautiful luxury designer mansions. The present-day worth of this beautiful mansion is reportedly $5.0 million.
How rich is Colin Kaepernick? Well, that is a question that only time and some brilliant moves by the player himself can answer. Could the reported $20.0 million he’s currently sitting on rise to insane levels? Or has his decision to voice his opinion halted his future success? How will Kaepernick place himself shortly, especially in the wake of 2017, when he does not have any contracts at hand?
