NFL reaches financial settlement with Colin Kaepernick, Eric Reid

In a stunning decision, quarterback Colin Kaepernick and safety Eric Reid have reached a financial settlement with the NFL to withdraw their joint collusion complaints against the league and will take no further action in the case. While sources declined to offer specifics for the decision, Yahoo Sports was told on prior occasions that Kaepernick and Reid would only withdraw the complaint if a lucrative financial settlement was reached between the players and the NFL.

The league and Kaepernick’s attorneys released a statement Friday saying the matter had been resolved confidentially. As part of that confidentiality, it is believed both sides signed a non-disclosure agreement agreeing not to speak publicly about details of the case or settlement.

“For the past several months, counsel for Mr. Kaepernick and Mr. Reid have engaged in an ongoing dialogue with representatives of the NFL,” the statement said. “As a result of those discussions, the parties have decided to resolve the pending grievances. The resolution of this matter is subject to a confidentiality agreement so there will be no further comment by any party.”

17 PHOTOS
Eric Reid protesting during the national anthem
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Eric Reid protesting during the national anthem
SANTA CLARA, CA - SEPTEMBER 12: Colin Kaepernick #7 and Eric Reid #35 of the San Francisco 49ers kneel in protest during the national anthem prior to playing the Los Angeles Rams in their NFL game at Levi's Stadium on September 12, 2016 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)
CHARLOTTE, NC - SEPTEMBER 18: Eric Reid #35 and Colin Kaepernick #7 of the San Francisco 49ers kneel on the sideline, during the anthem, prior to the game against the Carolina Panthers at Bank of America Stadium on September 18, 2016 in Charlotte, North Carolina. The Panthers defeated the 49ers 46-27. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
SANTA CLARA, CA - SEPTEMBER 12: Colin Kaepernick #7 and Eric Reid #35 of the San Francisco 49ers kneel in protest during the national anthem prior to playing the Los Angeles Rams in their NFL game at Levi's Stadium on September 12, 2016 in Santa Clara, California. (Photo by Ezra Shaw/Getty Images)
SEATTLE, WA - SEPTEMBER 25: (L-R) fFee safety Eric Reid #35, quarterback Colin Kaepernick #7 and outside linebacker Eli Harold #58 of the San Francisco 49ers kneel on the sidelines during the national anthem before the game against the Seattle Seahawks at CenturyLink Field on September 25, 2016 in Seattle,Washington. (Photo by Steve Dykes/Getty Images)
SANTA CLARA, CA - OCTOBER 02: (L-R) Eli Harold #58, Colin Kaepernick #7 and Eric Reid #35 of the San Francisco 49ers kneel on the sideline during the National Anthem prior to the game against the Dallas Cowboys at Levi's Stadium on October 2, 2016 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)
SANTA CLARA, CA - OCTOBER 6: Eli Harold #58. Colin Kaepernick #7 and Eric Reid #35 of the San Francisco 49ers kneel on the sideline during the anthem prior to the game against the Arizona Cardinals at Levi Stadium on October 6, 2016 in Santa Clara, California. The Cardinals defeated the 49ers 33-21. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
ORCHARD PARK, NY - OCTOBER 15: Eli Harold #58, Colin Kaepernick #7 and Eric Reid #35 of the San Francisco 49ers kneel in protest on the sideline, during the anthem, prior to the game against the Buffalo Bills at New Era Field on October 16, 2016 in Orchard Park, New York. The Bills defeated the 49ers 45-16. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
SANTA CLARA, CA - OCTOBER 23: Eric Reid #35, Colin Kaepernick #7 and Eli Harold #58 of the San Francisco 49ers kneel in protest during the national anthem prior to their NFL game against the Tampa Bay Buccaneers at Levi's Stadium on October 23, 2016 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)
BUFFALO, NY - OCTOBER 16: Eli Harold #58 of the San Francisco 49ers, Colin Kaepernick #7 of the San Francisco 49ers (not shown) and Eric Reid #35 of the San Francisco 49ers kneel during the national anthem before the game against the Buffalo Bills at New Era Field on October 16, 2016 in Buffalo, New York. (Photo by Brett Carlsen/Getty Images)
GLENDALE, AZ - NOVEMBER 13: Eric Reid #35, Colin Kaepernick #7 and Eli Harold #58 of the San Francisco 49ers kneel on the sideline, during the anthem, the game against the Arizona Cardinals at the University of Phoenix Stadium on November 13, 2016 in Glendale, Arizona. The Cardinals defeated the 49ers 23-20. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
MINNEAPOLIS, MN - AUGUST 27: Eric Reid #35 of the San Francisco 49ers kneels dugout the National Anthem before the preseason game against the Minnesota Vikings on August 27, 2017 at U.S. Bank Stadium in Minneapolis, Minnesota. (Photo by Hannah Foslien/Getty Images)
SANTA CLARA, CA - DECEMBER 11: Eric Reid #35 of the San Francisco 49ers kneels on the sideline, during the anthem, prior to the game against the New York Jets at Levi Stadium on December 11, 2016 in Santa Clara, California. The Jets defeated the 49ers 23-17. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
SANTA CLARA, CA - SEPTEMBER 10: Eric Reid #35 of the San Francisco 49ers leads the team in a 'call to attention' during the anthem, prior to the game against the Carolina Panthers at Levi's Stadium on September 10, 2017 in Santa Clara, California. The Panthers defeated the 49ers 23-3. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
SANTA CLARA, CA - NOVEMBER 26: Eli Harold #57, Eric Reid #35 and Marquise Goodwin #11 of the San Francisco 49ers kneel on the sideline, during the anthem, prior to the game against the Seattle Seahawks at Levi's Stadium on November 26, 2017 in Santa Clara, California. The Seahawks defeated the 49ers 24-13. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
SANTA CLARA, CA - DECEMBER 24: Eli Harold #57, Eric Reid #35, Marquise Goodwin #11 and Louis Murphy #18 of the San Francisco 49ers kneel on the sideline as Adrian Colbert #38 stands with them in solidarity, during the anthem, prior to the game against the Jacksonville Jaguars at Levi's Stadium on December 24, 2017 in Santa Clara, California. The 49ers defeated the Jaguars 44-33. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
INDIANAPOLIS, IN - OCTOBER 8: Eric Reid #35 of the San Francisco 49ers leads the team as they kneel and stand together during the anthem prior to the game against the Indianapolis Colts at Lucas Oil Stadium on October 8, 2017 in Indianapolis, Indiana. The Colts defeated the 49ers 26-23. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
LOS ANGELES, CA - DECEMBER 31: Eli Harold #57, Eric Reid #35, Marquise Goodwin #11 and Louis Murphy #18 of the San Francisco 49ers kneel during the anthem as Reuben Foster #56 and Adrian Colbert #38 stand in solidarty, prior to the game against the Los Angeles Rams at Los Angeles Memorial Coliseum on December 31, 2017 in Los Angeles, California. The 49ers defeated the Rams 34-13. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
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The agreement comes on the doorstep of the final hearing in the Kaepernick case, which was set to take place before arbitrator Stephen Burbank this month. Kaepernick had alleged the league conspired to keep him out after he began kneeling during the national anthem in 2016. Multiple NFL players adopted Kaepernick’s protest in 2017, hoping to draw attention to social justice and racial inequality issues. The actions sparked a political firestorm from President Donald Trump and the furor became such a central issue for the league for nearly one year that it instituted a rule that banned protests during the national anthem. That rule has since been shelved by the NFL and now appears to be dead, for all intents and purposes.

The NFLPA also released a statement Friday, supporting the settlement between the league and players.

“Today, we were informed by the NFL of the settlement of the Colin Kaepernick and Eric Reid collusion cases,” the NFLPA said. “We are not privy to the details of the settlement, but support the decision by the players and their counsel. 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 [from the Carolina Panthers], and we continue to hope that Colin gets his opportunity as well.”

26 PHOTOS
Colin Kaepernick through his career
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Colin Kaepernick through his career
LAS VEGAS - OCTOBER 02: Quarterback Colin Kaepernick #10 of the Nevada Reno Wolf Pack celebrates with fans after defeating the UNLV Rebels 44-26 at Sam Boyd Stadium October 2, 2010 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)
30 December 2008: Nevada Wolf Pack quarterback Colin Kaepernick (10) in the Roady's Humanitarian Bowl held at Bronco Stadium in Boise, ID. (Photo by Steve Conner/Icon SMI/Icon Sport Media via Getty Images)
SAN FRANCISCO, CA - CIRCA 2011: In this handout image provided by the NFL, Colin Kaepernick of the San Francisco 49ers poses for his NFL headshot circa 2011 in San Francisco, California. (Photo by NFL via Getty Images)
MOBILE, AL - JANUARY 29: Colin Kaepernick #10 #10 of the North Team scrambles out of the pocket while taking on the South Team during the fourth quarter of the Under Armour Senior Bowl on January 29, 2011 at Ladd-Pebbles Stadium in Mobile, Alabama. (Photo by Sean Gardner/Getty Images for Under Armour)
NEW ORLEANS, LA - AUGUST 12: Colin Kaepernick # 7 of the San Francisco 49ers defends as his team plays the New Orleans Saints during their pre season game at Louisiana Superdome on August 12, 2011 in New Orleans, Louisiana. (Photo by Sean Gardner/Getty Images)
SAN DIEGO, CA - SEPTEMBER 1: Quarterback Colin Kaepernick #7 of the San Francisco 49ers throws the ball from the pocket against the San Diego Chargers during their preseason NFL Game on September 1, 2011 at Qualcomm Stadium in San DIego, California. (Photo by Donald Miralle/Getty Images)
SAN FRANCISCO, CA - OCTOBER 18: Quarterback Colin Kaepernick #7 of the San Francisco 49ers throws before a game against the Seattle Seahawks on October 18, 2012 at Candlestick Park in San Francisco, California. The 49ers won 13-6. (Photo by Brian Bahr/Getty Images)
SAN FRANCISCO, CA - DECEMBER 09: Colin Kaepernick #7 of the San Francisco 49ers runs down the field in between plays during their game against the Miami Dolphins at Candlestick Park on December 9, 2012 in San Francisco, California. (Photo by Ezra Shaw/Getty Images)
SAN FRANCISCO, CA - JANUARY 12: Quarterback Colin Kaepernick #7 of the San Francisco 49ers celebrates after running in a touchdown in the first quarter against the Green Bay Packers during the NFC Divisional Playoff Game at Candlestick Park on January 12, 2013 in San Francisco, California. (Photo by Harry How/Getty Images)
ATLANTA, GA - JANUARY 20: Quarterback Colin Kaepernick #7 of the San Francisco 49ers hugs a teammate as they celebrate in the locker room after the 49ers defeat the Atlanta Falcons 28-24 in the NFC Championship game at the Georgia Dome on January 20, 2013 in Atlanta, Georgia. (Photo by Kevin C. Cox/Getty Images)
Quarterback Colin Kaepernick of the San Francisco 49ers answers questions on his tattoos during Super Bowl Media Day on Tuesday, January 29, 2013, in New Orleans, Louisiana.. (George Bridges/MCT via Getty Images)
NEW ORLEANS, LA - FEBRUARY 03: Colin Kaepernick #7 of the San Francisco 49ers warms up against the Baltimore Ravens during Super Bowl XLVII at the Mercedes-Benz Superdome on February 3, 2013 in New Orleans, Louisiana. (Photo by Christian Petersen/Getty Images)
SANTA MONICA, CA - FEBRUARY 09: Professional football player/presenter Colin Kaepernick attends the Third Annual Hall of Game Awards hosted by Cartoon Network at Barker Hangar on February 9, 2013 in Santa Monica, California. 23270_002_SK_0224.JPG (Photo by Stefanie Keenan/WireImage)
SAN FRANCISCO, CA - AUGUST 08: Colin Kaepernick #7 of the San Francisco 49ers runs onto the field for their preseason NFL game against the Denver Broncos at Candlestick Park on August 8, 2013 in San Francisco, California. (Photo by Ezra Shaw/Getty Images)
SAN FRANCISCO, CA - AUGUST 25: Colin Kaepernick #7 of the San Francisco 49ers scrambles away from the rush of Fred Evans #90 of the Minnesota Vikings in the first quarter at Candlestick Park on August 25, 2013 in San Francisco, California. (Photo by Thearon W. Henderson/Getty Images)
ST. LOUIS, MO - SEPTEMBER 26: Colin Kaepernick #7 of the San Francisco 49ers warms up before a game against the St. Louis Rams at the Edward Jones Dome on September 26, 2013 in St. Louis, Missouri. (Photo by Michael Thomas/Getty Images)
NASHVILLE, TN - OCTOBER 20: Colin Kaepernick #7 of the San Francisco 49ers runs the ball in the first half against the Tennessee Titans at LP Field on October 20, 2013 in Nashville, Tennessee. (Photo by Wesley Hitt/Getty Images)
NASHVILLE, TN - OCTOBER 20: Quarterback Colin Kaepernick #7 of the San Francisco 49ers reacts during a NFL game against the Tennessee Titans at LP Field on October 20, 2013 in Nashville, Tennessee. (Photo by Ronald C. Modra/Sports Imagery/ Getty Images)
SEATTLE, WA - JANUARY 19: Quarterback Colin Kaepernick #7 of the San Francisco 49ers walks off the field after losing to the Seattle Seahawks 23-17 during the 2014 NFC Championship at CenturyLink Field on January 19, 2014 in Seattle, Washington. (Photo by Christian Petersen/Getty Images)
SANTA CLARA, CA - NOVEMBER 02: Colin Kaepernick #7 of the San Francisco 49ers looks on from the sidelines against the St. Louis Rams during the third quarter at Levi's Stadium on November 2, 2014 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)
DENVER, CO - AUGUST 29: Quarterback Colin Kaepernick #7 of the San Francisco 49ers warms up prior to facing the Denver Broncos during preseason action at Sports Authority Field at Mile High on August 29, 2015 in Denver, Colorado. (Photo by Doug Pensinger/Getty Images)
20 September 2015: San Francisco 49ers Quarterback Colin Kaepernick (7) [16242] in action during a game between the San Francisco 49ers and the Pittsburgh Steelers at Heinz Field in Pittsburgh, PA. (Photo by Robin Alam/Icon Sportswire/Corbis via Getty Images)
SANTA CLARA, CA - OCTOBER 18: Quarterback Colin Kaepernick #7 of the San Francisco 49ers warms up prior to playing the Baltimore Ravens in their NFL game at Levi's Stadium on October 18, 2015 in Santa Clara, California. (Photo by Ezra Shaw/Getty Images)
MIAMI GARDENS, FL - NOVEMBER 27: Colin Kaepernick #7 of the San Francisco 49ers fires the team up on the field prior to the game against the Miami Dolphins at Hard Rock Stadium on November 27, 2016 in Miami Gardens, Florida. The Dolphins defeated the 49ers 31-24. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
LOS ANGELES, CA - DECEMBER 24: Colin Kaepernick #7 of the San Francisco 49ers warms up before the game against the Los Angeles Rams at Los Angeles Memorial Coliseum on December 24, 2016 in Los Angeles, California. (Photo by Harry How/Getty Images)
SANTA CLARA, CA - JANUARY 1: Eric Reid #35, Colin Kaepernick #7 and Eli Harold #58 of the San Francisco 49ers kneel on the sideline, during the anthem, prior to the game against the Seattle Seahawks at Levi Stadium on January 1, 2017 in Santa Clara, California. The Seahawks defeated the 49ers 25-23. (Photo by Michael Zagaris/San Francisco 49ers/Getty Images)
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