On Wednesday, the San Francisco 49ers signed quarterback Colin Kaepernick took a massive contract extension worth “up to” $126 million with a supposed $61 million guaranteed. However, after further review, (the deal only really has $13 million in guaranteed money). Of course, the deal still shows a lot of faith in Kaepernick and he will obviously see a whole lot more than $13 million.
Once things became official, it was believed that other young quarterbacks like Andrew Luck of the Indianapolis Colts and Russell Wilson of the Seattle Seahawks would benefit the most. Many consider Luck to be the best young quarterback in the league and Wilson is fresh off of leading the Seahawks to a Super Bowl Championship in February.
Another quarterback who will likely be in the running for a mega-deal is Cam Newton of the Carolina Panthers. However, Joseph Person of The Charlotte Observer does not believe Newton’s deal will look anything like Kaepernick’s.
Kaepernick’s six-year extension – reported initially to be worth up to $126 million with $61 million guaranteed – actually amounts to $13 million guaranteed at the time of signing and includes a number of “de-escalators” and per-game roster bonuses that could significantly shrink the total value of the deal, according to media reports.
“I’m sure the Carolina Panthers will go, ‘Hey, we’ll give you Kaepernick’s structure,’ ” said Joel Corry, a former NFL agent. “But (Newton’s agent) Bus Cook is not going to be too receptive to that.”
Newton, selected No. 1 overall in the 2011 draft in which Kaepernick was picked in the second round, is entering the fourth year of his rookie deal. In April, the Panthers picked up the club option on Newton for 2015 at $14.67 million.
Newton helped the Panthers return to the postseason in 2014, even earning a first round bye, but they were taken down by Kaepernick’s 49ers 23-10 in the divisional round.