Latest On Colin Kaepernick

Colin Kaepernick is reportedly willing to restructure his contract and take a pay cut to get out of San Francisco, and there are multiple teams – namely the Broncos and Browns – said to be interested in him. Meanwhile, despite their denials at the combine, the 49ers seem increasingly open to the idea of trading their quarterback.

So, what’s the hold up? Let’s dig in and find out. Here’s the latest on No. 7:

• The Broncos have told the 49ers they believe that Kaepernick is worth a fourth-round pick, according to Michael Silver of NFL Network (via Twitter). Of course, the two sides would have to figure out a way to make that work as the 49ers are hoping for much more in a potential deal.
• The Broncos have not offered a specific fourth-round pick, only suggesting to the 49ers that a fourth-round pick is the proper value for the quarterback (link). Denver’s fourth-rounder for 2016 currently belongs to the Ravens due to a previous trade, but the Broncos do hold the final non-compensatory pick of the third round.
• As of this morning, things were “quiet” with regards to a deal. The Broncos were holding firm, there had been no movement with regard to the Browns, and the 49ers were “chilling,” as Silver puts it (link).
• ESPN’s Josina Anderson reports (via colleague Pat McManamon) there have been “no serious discussions on draft pick considerations or compensation” between the Browns and 49ers. The report adds that the Browns are “being patient” as they consider how best to upgrade the quarterback spot.