49ers Re-Sign Tony Jerod-Eddie
The 49ers have brought back a free agent on their defensive line, according to Ian Rapoport of NFL.com, who tweets that Tony Jerod-Eddie has re-signed with the team. Rapoport adds that it will be a one-year, $1.3MM contract.
Jerod-Eddie, who turned 26 last week, was eligible for restricted free agency this season, but the 49ers opted to non-tender him rather than issuing him a qualifying offer. Early in the free agent period, a report indicated that, despite not tendering him a contract, the Niners remained interested in re-signing Jerod-Eddie. As it turns out, the team will save a little money by taking this approach, since the Texas A&M alum would have been in line for a $1.671MM tender as a restricted free agent.
Jerod-Eddie was one of seven interior defensive linemen for the 49ers to receive at least 200 defensive snaps in 2015, and according to Pro Football Focus, he received the lowest grade of the group — PFF ranked him 107th out of 123 qualified players at the position. Still, Jerod-Eddie has some value in a part-time role, contributing 14 tackles and four passes defended last season.
The 49ers, who re-signed nose tackle Ian Williams earlier in the offseason, will keep their defensive line from last season essentially intact. The team also brings back Arik Armstead, Quinton Dial, and Glenn Dorsey, among others.
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Colin Kaepernick To Report To Niners
With the 49ers’ offseason workouts set to get underway today, Colin Kaepernick – the subject of several trade rumors within the last few weeks – is expected to be in attendance. Tim Kawakami of the San Jose Mercury News first tweeted on Sunday night that the quarterback would likely report, and as David Fucillo of Niners Nation details, Kaepernick was spotted on a flight from Denver to the Bay Area. He had been rehabbing in Colorado.
Matt Barrows of the Sacramento Bee has also reported that Kaepernick will report to the Niners’ facility on Monday, with Ian Rapoport of NFL.com tweeting that the signal-caller is set to attend a team meeting at 8:30 pacific time this morning, along with the rest of his teammates.
Of course, as Barrows has detailed and as Mike Klis of 9NEWS tweets, reporting to San Francisco is something of a tactical move for Kaepernick, who is still recovering from multiple injuries and may not be able to participate much in workouts. The Niners QB is owed a $400K workout bonus on his current deal, which he may have forfeited by not showing up this week.
Trade speculation involving Kaepernick swirled all weekend, with conflicting reports on whether or not the Broncos and 49ers were close to reaching a trade agreement. Although there was some disagreement on how close the two sides were on agreeing to trade compensation, virtually every report suggested that Denver would want Kaepernick at a reduced salary, and it remains to be seen whether he would be willing to take a pay cut from his current $11.9MM figure, which is fully guaranteed.
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Kenyan Drake To Visit 49ers
- Alabama running back Kenyan Drake visited the Cowboys and Dolphins and will next head to San Francisco to meet with the 49ers, he told ESPN’s Vaughn McClure (link via Paul Gutierrez of ESPN.com). Drake was stuck behind the likes of Eddie Lacy, T.J. Yeldon and Derrick Henry while with the Crimson Tide, but he averaged a lofty 6.4 yards per carry on 233 attempts and totaled 22 touchdowns (18 rushing, four receiving) during his four-year NCAA career.
Latest On Colin Kaepernick
As those who have closely followed the Colin Kaepernick saga know, the 28-year-old will collect a $400K bonus if he partakes in 90 percent of the 49ers’ offseason workouts. Those workouts begin Monday, and much has been made about whether Kaepernick will appear or stay away and continue to hold out hope for a trade. The Broncos – who are pursuing a deal for Kaepernick – begin their offseason workouts April 18, so Kaepernick could theoretically skip the 49ers’ program and recoup the $400K with Denver if it acquires him by then, as Mike Klis of 9News notes (on Twitter).
- Whether Kaepernick attends the start of 49ers workouts Monday could be crucial to both teams’ leverage, Matt Barrows of the Sacramento Bee writes. If he’s a no-show, it will further demonstrate that his relationship with the 49ers is irreparable and potentially force them to settle for an underwhelming offer from the Broncos. On the other hand, should Kaepernick report, there’s a chance he and new 49ers head coach Chip Kelly will develop a rapport and ultimately lead No. 7 to continue his five-year career in San Francisco.
CBA Murky on Anthony Davis Bonus Money
- If Anthony Davis applies for reinstatement as is expected, the situation between the right tackle and the 49ers could become complicated, writes Jason Fitzgerald of Over the Cap. Davis was forced to repay a portion of his signing bonus when he retired prior to last season, and if he returns, its unclear exactly how the situation will be handled. The CBA is murky on the issue, per Fitzgerald, but San Francisco could threaten to release Davis and recoup another $3MM.
49ers May Take On Over $12MM Of Dead Money In A Kaepernick Trade
- Denver reportedly wants to pay Kaepernick $7MM of the $11.9MM he is guaranteed for 2016, with the 49ers kicking in the $4.9MM balance. As Andrew Brandt of TheMMQB.com reminds us, NFL teams cannot trade cash as a MLB or NBA team can. Instead, the Niners could turn part of Kaepernick’s salary into a signing bonus, pay it, and then trade him (Twitter link). If the 49ers were to go that route, the team would eat $12.29MM in dead cap room in 2016, per Spotrac (via Twitter). Although that is hardly an ideal scenario, it’s not as though the 49ers couldn’t afford it. According to Spotrac, the club has just shy of $57MM of cap space.
There are significant differences of opinion as to how close the 49ers and the Broncos are to completing a Colin Kaepernick trade, but there is already a considerable amount of potential fallout to consider if the deal is ultimately consummated. Let’s have a look:
- Denver reportedly wants to pay Kaepernick $7MM of the $11.9MM he is guaranteed for 2016, with the 49ers kicking in the $4.9MM balance. As Andrew Brandt of TheMMQB.com reminds us, NFL teams cannot trade cash as a MLB or NBA team can. Instead, the Niners could turn part of Kaepernick’s salary into a signing bonus, pay it, and then trade him (Twitter link). If the 49ers were to go that route, the team would eat $12.29MM in dead cap room in 2016, per Spotrac (via Twitter). Although that is hardly an ideal scenario, it’s not as though the 49ers couldn’t afford it. According to Spotrac, the club has just shy of $57MM of cap space.
- Mike Florio of Pro Football Talk proposes a creative solution to the reported holdup in contract talks between the Broncos and Kaepernick. Florio suggests that Kaepernick should forfeit the $4.9MM difference between what he is owed and what Denver is willing to pay, and in exchange, Denver should wipe out the remaining four years of his “notoriously team-friendly contract.” Of course, as Ian Rapoport of NFL.com tweets, while that solution has its merits, it would put the 2017 Broncos in the same position they are in right now. Jason Fitzgerald of OverTheCap.com tweets that Kaepernick would certainly be justified in taking a paycut if the Broncos were willing to tear up the remainder of his contract.
Colin Kaepernick Trade Not Close?
A report from ESPN’s Adam Schefter yesterday indicated that the 49ers and Broncos had agreed to the parameters of a trade that would send Colin Kaepernick to the Broncos in exchange for a mid-round draft pick or two, with the only holdup being an agreement between Kaepernick and Denver on a reduced contract. However, subsequent reports from NFL.com’s Ian Rapoport and Matt Barrows of The Sacramento Bee indicated that the two teams do not, in fact, have the parameters of a deal in place, and that while a trade could certainly happen, there are still a number of hurdles to clear.
Mike Florio of Pro Football Talk concurs with Rapoport and Barrows, writing that, “the notion that the only thing keeping a deal from happening is a deal between the Broncos and Kaepernick on a reduced contract is…a ‘real stretch.'” Florio’s source says “someone” planted the news that trade talks are much further along than they actually are because that “someone” wants a deal to get done and believes that reports indicating a deal is close will provide the push necessary to make it happen.
But Schefter continues to stand by his original report that the trade compensation is a “non-issue” and that the only obstacle is Kaepernick’s contract. And, according to Schefter’s latest story, Kaepernick and the Broncos have made progress on most of the signal-caller’s contract, which runs through 2020, with the upcoming 2016 season being the only sticking point. Schefter writes that the Broncos are willing to pay $7MM of Kaepernick’s $11.9MM 2016 salary, which became fully guaranteed on Friday, but they would like San Francisco to pay the remaining $4.9MM, something the Niners are reportedly unwilling to do. Kaepernick, understandably, has no desire to simply forfeit that $4.9MM to make a deal work.
Clearly, there is some disagreement among some of the NFL’s most prominent writers as to the imminence of a Kaepernick trade. There are some scribes, like John McMullen of Today’sPigskin.com, who believe that Kaepernick should forfeit the $4.9MM in order to facilitate a deal and land on a contending club, which could increase his salary in the long run. As McMullen writes, “a give back by Kaepernick in the short-term could be taking the proverbial one step back to eventually take two forward because a rejuvenated career means more money on the back-end.” But if Schefter’s report that Kaepernick and Denver have more or less ironed out the final four years of the quarterback’s deal, then the premises of McMullen’s theory don’t necessarily hold up, and although Kaepernick clearly wants to get out of San Francisco, spending at least one season in Chip Kelly‘s offense would hardly be the worst thing for him from a football standpoint.
Like the rest of the football world, we’ll just have to wait and see.
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Colin Kaepernick Rumors: Saturday
Trade rumors have swirled around 49ers quarterback Colin Kaepernick for months, but it looks like a resolution might be close, as Adam Schefter of ESPN.com reported earlier today that San Francisco is close to working out a trade that would send Kaepernick to the Broncos. The only issue reportedly obstructing a deal is Kaepernick’s $11.9MM base salary, which became fully guaranteed yesterday. Let’s dive into the latest on the trade talks…
- Though Schefter indicated that the 49ers and Broncos had agreed upon the parameters of a trade — with San Francisco sending a mid-round pick to Denver — Ian Rapoport of NFL.com (Twitter links) reports that no such agreement is in place. The deal can still happen, says Rapoport, but there many obstacles and Kaepernick’s visit with Broncos general manager John Elway didn’t change things.
- Schefter, meanwhile, doubled down on his initial report, adding (via Twitter) that the two clubs agreeing on draft pick compensation was the “easy part” of the talks. But a finalized trade is still not close because the Broncos need to convince Kaepernick to take less money, per the ESPN scribe.
- Mike Klis of 9News chimes in (Twitter link), noting that the term “mid-round pick” could conceivably identify any slot in rounds three through five. However, Denver doesn’t have a pick in the fourth round, having lost their selection as a part of a trade with the Ravens to acquire Gino Gradkowski. The Broncos do own pick No. 94 in the third round and No. 144 in the fifth round, and additionally, it’s possible that a trade might include future draft pick compensation.
- The Broncos have long been the most likely landing spot for Kaepernick, tweets Jason La Canfora of CBSSports.com, but “a lot” of progression is still needed before any trade becomes finalized.
- Nothing is imminent in terms of a trade, according to Matt Barrows of the Sacramento Bee (Twitter link), who also hears the draft pick compensation has not yet been agreed to.
Broncos, 49ers Closing In On Colin Kaepernick Trade Agreement?
4:43pm: The 49ers and Broncos have the parameters of a trade for Kaepernick in place, according to ESPN.com’s Adam Schefter. Potentially the only thing standing in the way is the Broncos and Kaepernick agreeing on a restructured contract.
The teams are continuing dialogue regarding this trade, which will likely involve a Day 2 or Day 3 draft pick or a combination of the two, trying to bridge the financial divide, Schefter reports. However, what level of draft pick(s) the Broncos surrender in this prospective deal won’t be a stumbling block in completing the trade, according to Schefter.
1:40pm: The Broncos appear to still be interested in adding Colin Kaepernick to their undermanned stable of quarterbacks despite the 49ers locking in his $11.9MM salary for this season. John Elway and the sixth-year passer have met multiple times, including a summit on Thursday at the sixth-year GM’s Denver-area house, Eric Branch of the San Francisco Chronicle reports.
Kaepernick and Elway have met at least twice since March 15, Branch reports, with the quarterback spending extensive time in Colorado rehabbing from three surgeries.
The 49ers have granted Kaepernick’s agents Jason Bernstein and Scott Smith permission to seek a trade, according to Branch, which clears the Broncos of tampering charges.
Elway and Kaepernick’s meetings have helped the parties become acquainted, and Kaepernick’s contract has come up during the meetings, Ian Rapoport of NFL.com tweets.
Elway’s Thursday visit with the 28-year-old quarterback came as Kaepernick’s $11.9MM base salary became guaranteed. The Broncos currently possess less than $2MM in cap space, and any deal for Kaepernick depends on the signal-caller agreeing to reduce his contract, Troy Renck of the Denver Post tweets.
We heard Thursday that the Broncos want Kaepernick at approximately $7MM this season. Branch reports that Denver’s brass has been at work trying to restructure Kaepernick’s contract, which calls for him to carry a $14.9MM cap number this season. Only Demaryius Thomas ($15.2MM) carries a higher figure going into the 2016 season on the Broncos’ roster.
If Kaepernick doesn’t agree to restructure, the 49ers would have to pick up part of his contract to facilitate a trade, Mike Klis of 9News reports. San Francisco’s quiet free agency has the team sitting at $53.8MM in cap room — the most in the league. Klis also writes that the 49ers’ sudden accelerated interest in allowing Kaepernick to seek a path out of the Bay Area stems from the team beginning its offseason program Monday; the Broncos don’t begin theirs until April 18.
Denver has a quick way to clear $8.9MM from its books by trading or releasing Ryan Clady. The sides have met multiple times since the Combine, Renck reports, with the longtime left tackle remaining on the Broncos’ cap sheet for $10.1MM.
Clady previously agreed to discuss a restructure, but nothing’s materialized. In the meantime, the Broncos added Donald Stephenson and Russell Okung, leaving Clady without a logical place on the team.
The Broncos have just Mark Sanchez and Trevor Siemian under contract at present, with the 49ers employing Blaine Gabbert at a much cheaper rate. Although money isn’t an issue for the 49ers right now, there appears to be a significant divide between the team and Kaepernick despite Chip Kelly‘s public overtures toward keeping him.
Despite quarterbacking the team to back-to-back playoff NFC championship games, Kaepernick was benched last season and hasn’t been able to consistently replicate the play that helped the 49ers reach those destinations over the past two seasons.
Photo courtesy USA Today Sports Images
Could Sign-And-Trade Help 49ers Deal Kaepernick?; 49ers QB's Workout Bonus Issue Looms
With the Broncos still assessing Colin Kaepernick‘s trade value despite the 49ers quarterback’s $11.9MM base salary becoming guaranteed, the Western divisions have led the way in headline-generating today. Here’s some more from the Kaepernick situation as well as news from other franchises in those divisions.
- In examining the Broncos‘ options regarding Kaepernick, 9News’ Mike Klis mentions a sign-and-trade scenario that may help bridge the gap between the two teams. The longtime Broncos beat reporter mentions converting part of Kaepernick’s salary into a signing bonus, one the 49ers would pay in this instance while Denver would be on the hook for the base pay, could help bring the sides closer together in terms of financial and draft pick compensation. The 49ers possess a league-most $53.8MM in cap space, while the Broncos are carrying the game’s fewest at present at $1.6MM.
- John Elway‘s meeting with Kaepernick could also have been regarding the 28-year-old passer’s progress from the three surgeries he’s undergone in recent months, Matt Barrows of the Sacramento Bee reports. Barrows also notes (on Twitter) the Broncos and the Steadman Clinic — where Kap’s undergone those procedures on his left shoulder, left knee and right thumb — have a good relationship. So, the Super Bowl champions would have a good idea of the signal-caller’s health prior to potentially pulling the trigger on a trade, Barrows notes.
- The 49ers‘ offseason program begins Monday, and Kaepernick would earn $4MM by attending 90% of the team’s offseason workouts, Barrows reports.