After just one day of negotiations, the 49ers signed their quarterback to a six-year extension, the team announced Wednesday.
The deal is said to be worth up to $126 million, with $61 million guaranteed.
Not bad for a guy who was going to make less than $1 million in the final year of his rookie contract.
“Colin’s hard work and dedication have played an integral role in the recent success of the 49ers organization,” San Francisco General Manager Trent Baalke said. “His work ethic, leadership and on-field production have positively influenced our team, and we look forward to his continued growth in all areas. Our organization always looks to reward our players for their contributions and commitment to the team."
Kaepernick was drafted 36th overall in the 2011 draft. Since taking over for Alex Smith as starting quarterback, he has led the 49ers to a 17-6 record while throwing for 31 touchdowns and 11 interceptions. He has also added 937 yards and nine touchdowns on the ground.