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Elway on Kaepernick: 'Colin had his chance here. He passed it'

John Elway was asked Thursday whether Colin Kaepernick is on the Broncos' radar with their QB room in flux, even after ponying up for Case Keenum in free agency.

"Colin had his chance here," Elway told reporters. "We offered him a contract. He didn’t take it. So, as I said it in my deposition, I don’t know if i’ll be legally able to say this, but he’s had his chance to be here. He passed it."

Kaepernick's "chance" that Elway is alluding to was the golden opportunity to take a $12.4 million haircut in order to consummate a trade that would've sent him from San Francisco to Denver.