NFL Rumors: San Francisco 49ers, Colin Kaepernick progressing on contract extension talks

Jan 19, 2014; Seattle, WA, USA; San Francisco 49ers quarterback Colin Kaepernick (7) carries the ball while being chased by Seattle Seahawks cornerback Byron Maxwell (41) during the 2013 NFC Championship football game at CenturyLink Field. Seattle defeated San Francisco 23-17. Mandatory Credit: Steven Bisig-USA TODAY Sports /

Despite rumors suggesting that Colin Kaepernick is wanting a contract extension that will pay him $20 million dollars annually, it appears as if he and the San Francisco 49ers are moving closer on a deal.

General manager Trent Baalke says contractual discussions have entered the ‘next phase’ and he’s hopeful the two sides will have a completed deal around the time training camp starts.

"49ers GM Trent Baalke said that the team and quarterback Colin Kaepernick have had general “lay of the land” discussions for a long-term contract extension and the goal is to get an agreement done by the start of training camp in July.“Now we’re about to enter the next phase (in the talks),” Baalke said in the lobby of the hotel serving as headquarters for the NFL annual meetings."

Balke went on to say that the two sides are working ‘extremely hard’ right now and that both sides are working in ‘good faith’.

Kaepernick will make $1 million dollars during the 2014 season.

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