Business Insider Edition
Former NFL player Colin Kaepernick and current NFL player Eric Reid have settled their collusion case against the NFL.
There was no announcement on the details of the settlement. In the joint statement released by the NFL, it was announced that all sides signed a confidentiality agreement and "there will be no further comment by any party."
However, NFL insider Mike Freeman of Bleacher Report spoke with several NFL teams, and the speculation from inside the NFL is that Kaepernick will receive $60-80 million as part of the settlement.
"Number NFL team officials are speculating to me is the NFL paid Kaepernick in the $60 to $80 million range," Freeman wrote .
"Sources previously said Kaepernick would only withdraw if a lucrative settlement was secured," wrote Robinson .
Earlier this week, even Kaepernick's attorney, Mark Geragos, seemed convinced that the case would go to trial and that it would happen soon.
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