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Older Men - Keep One Foot In The Dark Ages When You Really Want to Meet the Diversity Requirements CERN to test world's most powerful particle accelerator during April's solar eclipse Utopian Visionaries Who Won’t Leave People Alone Status: Not Logged In; Sign In United States News See other United States News Articles Title: Colin Kaepernick Reportedly Files Grievance Against NFL Owners for Collusion Source: http://bleacherreport.com/articles/2738805-colin-kaepernick- URL Source: http://bleacherreport.com/articles/ ... ainst-nfl-owners-for-collusion Published: Oct 15, 2017 Author: Rob Goldberg Post Date: 2017-10-15 18:07:55 by XDMAR Keywords: None Views: 955 Comments: 13 After remaining unsigned through six weeks of the 2017 NFL season, Colin Kaepernick claims the league is participating in collusion. According to Bleacher Report's Mike Freeman, the former San Francisco 49ers quarterback has filed a grievance against the owners for collusion under the latest collective bargaining agreement. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 13. #1. To: XDMAR (#0) According to Bleacher Report's Mike Freeman, the former San Francisco 49ers quarterback has filed a grievance against the owners for collusion under the latest collective bargaining agreement. Not boding well for Kaepernick is that he led SF to a 5-11 and then a 2-14 record last two years. He may not have a viable claim to a position as a starter with a high salary. If he can show that he has been offered no employment because of his activism, even as a backup at a low salary, he may have an argument. He did not do much that the NFL is not allowing this year. There were reports in August that he turned down an offer to for a backup position at minimum salary. The reports were denied. Their veracity is not known to the public. nolu chan  posted on  2017-10-15   20:25:18 ET  Reply   Untrace   Trace   Private Reply   #2. To: nolu chan (#1) " he turned down an offer to for a backup position at minimum salary. " How much is minimum salary ? Stoner  posted on  2017-10-15   20:51:45 ET  Reply   Untrace   Trace   Private Reply   #3. To: Stoner (#2) The last number I saw was $450,000 per year. no gnu taxes  posted on  2017-10-15   20:55:59 ET  Reply   Untrace   Trace   Private Reply   #8. To: no gnu taxes, Stoner (#3) The last number I saw was $450,000 per year. With his time in the NFL, I believe his minimum would be $900,000. The contract he terminated was worth a lot more. He chose to opt out. nolu chan  posted on  2017-10-16   2:00:16 ET  Reply   Untrace   Trace   Private Reply   #10. To: nolu chan (#8) I read somewhere else that his full contract deal for 2017 was over $16M. And that his job insurance is paying $12M. Tooconservative  posted on  2017-10-16   5:32:53 ET  Reply   Untrace   Trace   Private Reply   #12. To: Tooconservative (#10) It is not clear to me that Kaepernick gets anything from insurance. He was not injured (or released), he opted out of his contract and couldn't find anyone willing to sign him. http://www.businessinsider.com/colin-kaepernick-record-49ers-contract-2017-8 Colin Kaepernick received less than one-third of his 'record' $126 million contract Cork Gaines Business Insider Sep. 10, 2017, 5:37 PM After leading the San Francisco 49ers to consecutive NFC championship games and one Super Bowl, Colin Kaepernick was rewarded with a "record" seven-year, $126 million contract in 2014. But after three seasons of declining production, including one season of headlines surrounding his protest of the national anthem, we got to see that the contract was not nearly as big as everybody made it out to be at the time. In the end, Kaepernick received $39.4 million from the deal, or about 31% of the total most people touted. The contract gave Kaepernick a $12.3 million signing bonus and a 2014 salary of just $645,000. Those were the only truly guaranteed portions of the contract, despite reports that Kaepernick's deal included a record $61 million in "guaranteed" money. It turned out the $61 million was only guaranteed if he were to suffer a career-ending injury. Each year of the contract after the first, the 49ers were free to cut Kaepernick and not owe him any more money. To make matters worse, Kaepernick was supposed to get his first large salary ($12.4 million) during the 2015 season. However, because of the way the contract was worded, that salary actually went down to $10.4 million. Kaepernick's salary went down $2 million each year if he was not named first- or second-team All-Pro, or if the 49ers didn't play in the Super Bowl the previous season with 80% of the snaps taken by Kaepernick. None of those things happened. Kaepernick eventually restructured his contract during the 2016 season, turning the 2017 season into a player option. Knowing that the 49ers were going to release him later in the summer, Kaepernick opted out of his contract in early March hoping to take advantage of becoming a free agent earlier and having more time to secure a new contract. In the end, Kaepernick's seven-year, $126 million contract turned out to be a three-year deal worth a tad more than $39 million. That is less than the three-year, $45 million contract Mike Glennon signed with the Chicago Bears this past offseason. Meanwhile, six months later, the 2017 season is underway and Kaepernick is still without a job and he is without a big chunk of the $61 million "guarantee." This post has been updated from its original version. http://www.nfl.com/news/story/0ap3000000721181/article/kaepernick-took-out-insurance-policy-before-renegotiated-deal Kaepernick took out insurance policy before renegotiated deal By Ian Rapoport NFL Network Insider Published: Oct. 16, 2016 at 07:38 a.m. Updated: Oct. 16, 2016 at 10:36 a.m. San Francisco 49ers quarterback Colin Kaepernick put himself in position to start this week when he signed a reworked contract that, among other things, took away his injury guarantees for 2017. The change means San Francisco won't be on the hook for his $14.5 million base salary in the event of a major injury. But Kaepernick did protect himself just in case. According to several sources with direct knowledge of the situation, Kaepernick, who's set to take his first snaps as a starter in 2016 against the Bills, took out a $7.5 million loss-of-value insurance policy prior to signing his renegotiated contract. The policy covers Kaepernick in case of a serious injury in a way that is similar to what his now-removed injury guarantees did. If Kaepernick were injured and collected under the loss-of-value policy, the $7.5 million maximum payout he collected would not be subject to income taxes (assuming he paid the insurance policy premiums himself). The $7.5 million proceeds from the insurance policy would net him the same money on an after-tax basis as if he made a $14.5 million salary. In other words, for the price of a few hundred thousand dollars, Kaepernick is made whole in the event of an injury, while also reaping the benefits of his new deal. And there are benefits. Instead of a lengthy contract that kept him with the Niners until 2020, his new deal is just through 2017 -- but he has an option to void it after this season. The opportunity to become a free agent prior to the league year in 2017 -- one Kaepernick is expected to utilize -- is a big one. If he thrives like the 49ers hope in Chip Kelly's offense, he'll be able to cash in again, either in San Francisco or elsewhere. Other benefits include turning roster bonuses into guaranteed salary, giving Kaepernick an additional $1.375 million this year. Kaepernick can earn $1 million more in play-time incentives, with the threshold set under 50 percent. And because he can void the deal and opt out beginning eight days before the 2017 league year, he can't be franchised. Plenty of factors that make for a win-win decision. All the focus will be on the field Sunday for Kaepernick, who gets under center after a preseason that included a strong stance on social issues and improved health. His stance on social issues also has helped him build a stronger rapport with his teammates. But in the event it all goes wrong in San Francisco, he made sure to protect himself just as his team did. Follow Ian Rapoport on Twitter @RapSheet. nolu chan  posted on  2017-10-16   17:53:38 ET  Reply   Untrace   Trace   Private Reply   #13. To: nolu chan (#12) Well, your info is far more complete than the drive-by info I gleaned from reading elsewhere. A lot of angles to Kaep's contract and insurance I hadn't read about elsewhere. Tooconservative  posted on  2017-10-17   13:05:37 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 13.         There are no replies to Comment # 13. End Trace Mode for Comment # 13. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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