first_imgThat’s a legal bill of less than $10 million, plus the “perhaps a bit more” amount added in. Whatever the exact figure, it now seems the widely reported estimates of up to $100 million or more were way off base. The settlement is protected by a confidentiality agreement. The moment news broke Friday that Colin Kaepernick and Eric Reid had settled their collusion grievance against the NFL, the speculation began: How much did Kaepernick and Reid get from the NFL?Some observers put the tag at up to $100 million, but most estimates were in the $60 million to $80 million range.  Marcus Allen: Colin Kaepernick may not want to return to the NFL Pro Football Talk reported Monday that the actual figure is likely far smaller. The site, which originally set a hypothetical over/under on Kaepernick’s settlement at $49.5 million, now believes it may be less than that, and perhaps far less.PFT cites an unidentified source who said the $60 million to $80 million estimates are “incorrect.” And multiple other unidentified league sources told PFT the settlement would cover the NFL’s expected legal experences for the arbitration proceedings, “with perhaps a bit more.” The site estimates the legal bills would have ended “in the seven figures, not in the eight figures.” Related Newscenter_img Colin Kaepernick’s attorney predicts Patriots or Panthers will sign QB Kaepernick, of course, has not played in the NFL since opting out of his contract with the 49ers in early 2017. He filed a grievance against the NFL in October 2017 accusing league owners of colluding to keep him out of the game because of his role in initiating protests during the national anthem in 2016 to point out racial and social injustice.The 31-year-old quarterback is still pursuing a job in the NFL, and his attorney over the weekend told CNN he would be a good candidate for either the Patriots or the Panthers.Reid, who played for the Panthers last season, signed a three-year, $22 million contract last month to return to the team.last_img

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