Colin Kaepernick's NFL collusion settlement is potentially 'in the $60 million to $80 million range'

The NFL and former San Francisco 49ers quarterback Colin Kaepernick announced Friday that they have reached a settlement over Kaepernick's collusion lawsuit, The Washington Post reports. Kaepernick had sued the league after he was apparently blacklisted from playing football due to his protests during the national anthem; he has been out of the sport for the past two seasons.

While the terms of the settlement were not revealed, and the resolution is subject to a confidentiality agreement, NFL columnist Mike Freeman reported that "team officials are speculating to me [that] the NFL paid Kaepernick in the $60 million to $80 million range."

Separately, a similar lawsuit against the NFL by Carolina Panthers safety Eric Reid also reached a settlement. In a joint statement, the NFL and lawyers for Reid and Kaepernick said: "For the past several months, counsel for Mr. Kaepernick and Mr. Reid have engaged in an ongoing dialogue with representatives of the NFL ... The resolution of this matter is subject to a confidentiality agreement so there will be no further comment by any party."

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The NFL Players Association also released a statement: "We are not privy to the details of the settlement, but support the decision by the players and their counsel," it read. "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."