Colin Kaepernick's settlement with NFL worth $10 mil, per WSJ

Posted at 9:41 PM, Mar 21, 2019

The Wall Street Journal reported that Colin Kaepernick and Eric Reed's joint lawsuit with the NFL ended with a $10 million settlement.

Details on how the settlement was divvied between Reed, Kaepernick and their respective legal fees are unknown.

The two claimed that the NFL had colluded against them from landing a contract because of their refusal to participate in pregame national anthem ceremonies. Kaepernick led a group of several dozen NFL players in 2016 who refused to stand during the national anthem due to their stance on racial inequality, especially in law enforcement.

According to the WSJ, had the NFL lost the case, it could have been quite costly to the league, per the collective bargaining agreement the players have with the league. Kaepernick was paid nearly $12 million in his final year in the league in 2016. Had his worth been valued in the same range by an arbitrator, the NFL would have been forced to pay him three times his worth, WSJ reported.

Reed joined Kaepernick's lawsuit after starting the 2018 season unsigned. He was eventually signed by the Panthers in 2018.

Kaepernick has not played in the NFL since the end of the 2016 season after he opted out of his contract.