What's the holdup? A source told ESPN that the two sides must still agree on who will pay the $11.9 million in 2016 salary that became guaranteed on Friday. The Broncos have agreed to pay $7 million of Kaepernick's salary, and are pushing for the 49ers to pay for the entire 2016 figure, according to a source.
The 49ers are not willing to do that at this time and Kaepernick has not been open to taking a paycut to wipe out the balance.
NFL Media Insider Ian Rapoport previously reported that Denver had asked Kaepernick to reduce his salary to be in line with what other backup/starter hybrids are at -- the $7 million mark. That's what Chase Daniel makes per year for Philly and nearly what Robert Griffin III makes in Cleveland (2 years, $15 million).
Rapoport reports the trade compensation end of the deal is far less complicated. ESPN reported, via a high-level source, "it would take two seconds" for the teams to finalize the proposed deal with a mid-round draft pick believed to be going back to San Francisco.