The 49ers continue to struggle no matter who’s playing quarterback for them, so they may as well see if Kaepernick is able to show some improvement with an extended opportunity.
Kaepernick, 28, was in the third year of his seven-year, $126.97 million contract that included $61 million guaranteed when reached an agreement with the 49ers on a restructured deal.
Kaepernick’s new contract will give him the ability to void his deal after this season and test the open market. He can earn $1 million in play-time incentives if he takes 34.4 percent of the team’s snaps. The 49ers got him to waive his injury guarantees for next season as part of the agreement.
According to previous reports, Kaepernick also took out a $7.5 million loss-of-value insurance policy prior to signing his renegotiated contract.
In 2016, Kaepernick has completed 13-of-29 passes for 187 yards and a touchdown, while adding 66 yards rushing. Pro Football Focus has him rated as the No. 29 quarterback out of 34 qualifying players.