The NFL Paid Kaepernick 'nem Under $10 Million to Settle
I'm no legal expert, but this amount seems...low.
March 21, 2018
When it was first announced that Colin Kaepernick and the NFL had agreed to settle their grievances for an undisclosed amount, I would've been willing to bet my last two quarters that Kaep walked away with an "I made more money by *not* playing football, y'all can kiss my ass" bag. However, that wasn't quite the case.
The Wall Street Journal (WSJ) recently reported that the NFL and Colin Kaepernick agreed to settle their case for just under $10 million. Of course, $10 million isn't anything to sit around and mope over. If you give me $10 million right now, I might disappear like Frank Matthews.
The point is that $10 million is far less than what he could've won had he won his case in court. Winning the case would've meant Kaepernick was qualified to get three times his market value. Even at a [very] modest market value of $10 million a year for two seasons, he could've earned $60 million from the case (the WSJ estimated $90 million).
I'm no lawyer, and I'm not too familiar with all the legal details of the case, but I'm assuming a guaranteed $10 million was worth not going through all the court proceedings and risk not winning the grievance and walking with nothing.
I'm in no position to judge the decision by any means. $10 million is $10 million. I'm just proud Kaepernick walked away with some type of bag.