Colin Kaepernick doesn’t like being in San Francisco, but he clearly hates the idea of losing $5 million even more.
According to Bleacher Report, Kaepernick has refused to take a pay cut to go to Denver and the 49ers will not help the Broncos pay the quarterback, killing (for now) any trade talks between the two sides.
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Kaepernick, 28, is slated to make $11.9 million in 2016, while the Broncos asked him to take a pay cut and only make $7 million if he came to Denver. Not only was Kaepernick not open to the suggestion, but the 49ers had no interest in footing the leftover $4.9 million in order to appease the Broncos and Kaepernick to make the deal happen.
San Francisco and coach Chip Kelly will now put Kaepernick to work — he attended the 49ers' offseason workout Monday — while the Super Bowl champion Broncos are still left with Mark Sanchez and Trevor Simian as their only QBs.