Colin Kaepernick Net Worth 2022 (Forbes) – Salary, Income, Earnings

Colin Kaepernick Net Worth 

Colin Kaepernick has an estimated net worth of $20 million. Colin Kaepernick, a quarterback for the National Football League’s San Francisco 49ers from 2011 to 2016, became known for protesting injustice by refusing to stand for the national anthem. He earns most of his income from his career as an American football player and brand endorsements. 

Colin Kaepernick was born in 1987 in Milwaukee, Wisconsin. Kaepernick, an athletic and mobile quarterback, attended the University of Nevada, Reno, where he set numerous school and college records. Kaepernick was drafted by the San Francisco 49ers in 2011, and he led the team to Super Bowl XLVII less than two years later. In 2016, Kaepernick gained notoriety for refusing to stand for the national anthem, a form of protest that was adopted by other players and became a contentious political issue. The following year, he filed a grievance against NFL owners for conspiring to keep him out of the league, before reaching a confidential settlement in February 2019.

To calculate the net worth of Colin Kaepernick, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Colin Kaepernick
Net Worth: $20 Million
Monthly Salary: $1 Million
Annual Income: $12.4 Million
Source of Wealth: American football player

Early Life

Colin Rand Kaepernick was born in Milwaukee, Wisconsin on November 3, 1987. Rick and Teresa Kaepernick, who already had two children of their own but had lost two other babies shortly after birth due to heart defects, adopted him when he was only a few weeks old.

Heidi Russo, Kaepernick’s biological mother, was 19 years old when he was born. Faced with the prospect of raising her son alone (Kaepernick’s biological father fled as soon as he discovered Russo was pregnant), she had spent much of her pregnancy debating whether she should place her child for adoption. She decided to give up her young child after meeting the Kaepernicks, who she had met through a mutual friend.

The Kaepernicks frequently received stares or curious comments as white parents of a biracial child. At school, Colin’s classmates told him that the Kaepernicks couldn’t possibly be his parents.

Teresa Kaepernick told The New York Times in 2010: “We’ve always been very open about the adoption, and we’ve always been very open about the skin colors.” “We pointed it out as a plus, and he recognized and accepted his difference.”

Kaepernick, who moved to California with his family when he was four years old, began playing youth football at the age of eight. His powerful arm quickly propelled him to the quarterback position. That same arm made him a standout high school pitcher, capable of throwing a fastball at 94 mph.

Football, however, was Kaepernick’s first love. He even wrote a letter in fourth grade predicting that he would be the starting quarterback for the San Francisco 49ers. “I hope I go to a good football college and then go to the pros and play for the Niners or Packers, even if they aren’t good in seven years,” he wrote.

Kaepernick was a first-team All-District, All-Conference, and All-Academic selection at John H. Pitman High School in Turlock, California. However, Kaepernick, whose big arm was hampered by scouts’ perceptions of a poor throwing motion, was largely overlooked by major college football programs. There were also fears that the razor-thin athlete, who matched his 6’4″ frame with only 170 pounds, would injure himself.

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College Years

Only after a tryout at a camp hosted by the University of Nevada, Reno, did Kaepernick demonstrate enough to earn a scholarship, and he enrolled in the fall of 2007. Originally recruited to play safety, Kaepernick took over at quarterback in the fifth game of his freshman season when the team’s starter went down with an injury against Fresno State. Kaepernick never lost his starting job, throwing for 384 yards and four touchdowns and finishing the season with 19 touchdowns.

During his four years with the Wolf Pack, Kaepernick put up impressive numbers. He broke several school records and became the first Division I FBS quarterback to pass for more than 10,000 yards and rush for more than 4,000 yards.

While questions about Kaepernick’s throwing accuracy lingered, the San Francisco 49ers selected him in the second round of the 2011 NFL Draft.

Rising Star in San Francisco

After serving as a backup to the team’s longtime starter, Alex Smith, throughout his rookie season, Kaepernick took over as the team’s No. 1 quarterback in 2012, after Smith was forced to sit out late in the season due to a concussion.

Kaepernick quickly adapted to the new competition, as he had done in college, dazzling 49er fans and coaches with his unrivaled athleticism. After leading the team to several big wins in his second season, 49ers coach Jim Harbaugh made the young quarterback his permanent starting quarterback. The decision was contentious because the team had come within a few plays of reaching the Super Bowl just a year before, and Smith had recently earned one of the league’s top QB ratings.

But Kaepernick drowned out the din. As the victories piled up, Kaepernick’s celebrity grew, and his tattooed arms became well-known. He dominated Aaron Rodgers and the Green Bay Packers in his first postseason start, rushing for 181 yards to set a new NFL single-game record for a quarterback. Kaepernick and the 49ers lost to Ray Lewis and the Baltimore Ravens in Super Bowl XLVII in New Orleans after defeating the Atlanta Falcons in the NFC championship game.

“It’s good to get the experience,” Kaepernick said somberly after the game. “However, we should have won that game regardless.”

Pro Struggles

Kaepernick started the 2013 season well, passing for 412 yards and three touchdowns. The 49ers went on to finish the season with a 12-4 record and a playoff berth, though the season ended with a close loss to the Seattle Seahawks in the NFC championship game.

Despite more standout performances from their franchise quarterback, the 49ers finished 8-8 in 2014. The wheels came off completely in 2015, when Kaepernick lost his starting job before being sidelined for the final month and a half with a shoulder injury. His desire to be traded to another team did not materialize after the season.

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National Anthem Controversy

When he refused to stand for the national anthem before a preseason game in late August 2016, Kaepernick sparked a controversy.

“I’m not going to stand up to show pride in a flag for a country that oppresses Black people and people of color,” he said in an interview afterward. “This is bigger than football to me, and it would be selfish of me to turn a blind eye.” He went on to say that he would continue to sit during the national anthem until “significant change” was made for minorities.

Over the course of the season, Kaepernick’s refusal to stand for the anthem drew both support and condemnation from fellow NFL players, politicians, and celebrities. On the field, he put in a solid performance, throwing 16 touchdowns to four interceptions and rushing for 468 yards, despite the fact that the team went 1-10 in the games he started. He became a free agent at the end of the season.

As the 2017 NFL season began, Kaepernick was still without a team. Meanwhile, his own quiet form of protest had grown into something much larger, with several players on each NFL team kneeling during the anthem, as well as athletes from other sports showing their support. The issue became a hot political topic, with US President Donald Trump weighing in by calling for the firing of kneeling NFL players during a September rally in Alabama.

Collusion Lawsuit

Kaepernick filed a grievance against NFL owners for collusion on October 15, 2017. The NFL and its owners “have colluded to deprive Mr. Kaepernick of employment rights in retaliation for Mr. Kaepernick’s leadership and advocacy for equality and social justice, as well as his bringing awareness to peculiar institutions that continue to undermine racial equality in the United States,” according to the filing.

The following month, GQ published its December issue, which featured Kaepernick as its “Citizen of the Year.” The magazine’s decision was explained in an accompanying press release:

“He’s been vilified by millions and barred from the NFL — all because he took a knee to protest police brutality,” according to the statement. “Colin Kaepernick’s unwavering stance places him in rare company in sports history, alongside Muhammad Ali and Jackie Robinson — athletes who risked everything to make a difference.”

At the ACLU of Southern California’s annual Bill of Rights dinner on December 3, Kaepernick received the Eason Monroe Courageous Advocate Award. The next day, he was revealed as a finalist for TIME’s Person of the Year award. Although he did not win — Time honored “The Silence Breakers,” women who came forward to share their experiences with sexual harassment — Kaepernick quickly gained more attention as the recipient of Sports Illustrated’s Muhammad Ali Legacy Award, which is given to former athletes and sports figures who embody the ideals of sportsmanship, leadership, and philanthropy as vehicles for changing the world.

An arbitrator denied the NFL’s request to dismiss Kaepernick’s grievance on August 30, 2018, indicating that the quarterback presented sufficient evidence to support his collusion claims.

The athlete made headlines again in February 2019, when the Wisconsin State Assembly debated whether to include his name in a resolution honoring prominent African Americans for Black History Month. The resolution was eventually amended to remove any mention of Kaepernick.

Shortly afterwards, on February 15, his legal battle with the NFL came to an abrupt end when the two sides announced a confidential settlement.

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Nike Ad

Nike unveiled Kaepernick as the face of the company’s 30th-anniversary “Just Do It” campaign on September 3, 2018. The advertisement showed a close-up of his face with the phrase “Have faith in something. Even if it means giving up everything.” Nike faced immediate backlash for featuring the divisive quarterback, with some even destroying their Nike gear.

The Wall Street Journal reported the following summer that Kaepernick persuaded Nike to change a shoe design that featured the original U.S. flag due to concerns that the flag represented a link to a time when slavery was legal.

NFL Workout

On November 12, 2019, it was announced that the NFL would hold a private workout for Kaepernick on November 16 at the Atlanta Falcons’ practice facility, with representatives from all 32 teams invited.

The arrangement was fraught from the start, with Kaepernick reportedly given only two hours to accept or decline the offer. His team later discovered issues with the language of the waiver he was required to sign, and he was denied the opportunity to bring his own camera crew to the event.

As a result, shortly before the originally scheduled start time, Kaepernick announced that the workout would be moved to a high school about an hour away. Despite the late notice, personnel from eight NFL teams traveled to watch the quarterback, who reportedly demonstrated an NFL-caliber arm and speed during his 40-minute exhibition.

“I’ve been ready for three years,” he explained later. “I’ve been turned down for three years. Everyone knows why I came out here. [I] displayed it in front of everyone today. We have nothing to conceal. So we’re waiting for the 32 owners, 32 teams, and [NFL Commissioner] Roger Goodell to all come to a halt. Stop avoiding the truth. Stop fleeing the people.”

Further Reading

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