The National Football League is settling with ex-49ers quarterback Colin Kaepernick and Carolina Panthers safety Eric Reid concerning their collusion grievances against the league.
JOINT PUBLIC STATEMENT
"For the past several months, counsel for Mr. Kaepernick and Mr. Reid have engaged in an ongoing dialogue with representatives of the NFL. As a result of those discussions, the parties have decided to resolve the pending grievances. The resolution of this matter is subject to a confidentiality agreement so there will be no further comment by any party."
Multiple reports say the settlement is lucrative and can range between $60-to-$80-million dollars.
Kaepernick received national attention in 2016 when he knelt during the national anthem in protest to social injustice. His teammate Reid joined him along with several other teammates and NFL players.
The grievance was filed in October of 2017 under the collective bargaining agreement alleging collusion to not sign Kaepernick to an NFL contract.
The signal caller reached an agreement the previous offseason to sever his contract with the Niners and has not been with a team since. Meanwhile, Reid has played with San Francisco and signed an extension to remain with the Carolina Panthers this offseason.