Editor's note: The above video is from March 31, 2016.
Colin Kaepernick is willing to take a pay cut to play for the Denver Broncos, just not one as large as the reigning Super Bowl champions would like.
The Broncos are offering Kaepernick an annual salary of $7 million for the 2016 season and the 2017 season, a source close to the situation told CSNBayArea.com on Tuesday. Denver's offer of $7 million for the 2016 season was previously reported.
Agreeing to Denver's offer would cost the 28-year-old quarterback $12.