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Colin Kaepernick reaches a settlement with the NFL over alleged blackballing for anthem protests

Some reports indicate it could be a massive settlement

Colin Kaepernick and Eric Reid at the US Open tennis tournament on Aug. 31, 2018. (Adrian Edwards/GC Images)

Former NFL quarterback Colin Kaepernick and current Carolina Panthers defensive back Eric Reid have reached a settlement with the NFL in their grievances claiming they were blackballed for protesting during the national anthem, CNBC reported.

The two players, who were former teammates with the San Francisco 49ers, had filed separate grievances against the league and its owners, claiming that owners colluded to make sure neither of them played in the NFL again because they knelt during the national anthem in protest of police violence against minorities.

Kaepernick and Reid were the first two players to protest in that manner. Kaepernick has not played in the NFL since he opted out of his contract after the 2016 season, and no team signed him. Reid, however, was signed by the Panthers in September 2018.

Here's the statement from their lawyers and the NFL:

"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 these pending grievances. The resolution of this matter is subject to a confidentiality agreement so there will be no further comment by any party."

The NFL Players Association supported the players' decision to settle, and expressed a hope that Kaepernick could one day have a job in the NFL again.

"We continuously supported Colin and Eric from the start of their protests, participated with their lawyers throughout their legal proceedings and were prepared to participate in the upcoming trial in pursuit of both truth and justice for what we believe the NFL and its clubs did to them. We are glad that Eric has earned a job and a new contract, and we continue to hope that Colin gets his opportunity as well."

The terms of the settlement have not been officially revealed, but Mike Freeman of Bleacher Report tweeted that team officials have told him they believe Kaepernick's settlement to be between $60 million and $80 million.

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