San Francisco 49ers QB Colin Kaepernick was not released prior to the deadline Thursday, March 31, and Kaepernick’s $11.9 million will now be fully guaranteed for 2016. Kaepernick could still be traded, however, especially as the NFL Draft nears.

Footballguys View: We’ll have to see how this works. The trade isn’t dead but it’s looked better and is on life support. If traded, he would have to agree to restructuring the contract, if that is possible. He has no reason to, though, and now there is no point in dropping him since you are paying him regardless. Did the Niners just price themselves out of getting value for him? Does Chip Kelly really see Kaepernick in a significant role in San Francisco? Can the Broncos find cap room? We’re anxious to find out.