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49ers Extend QB Colin Kaepernick for 6 Years, $126M, and $61M Guaranteed

Kyle Terada-USA TODAY Sports

Two seasons ago, Joe Flacco and Colin Kaepernick squared off in the Super Bowl. Flacco and the Baltimore Ravens emerged victorious. A few months later, the Ravens made Flacco the highest-paid quarterback in NFL history, to which most of us laughed because he wasn't worthy of being in that type of class.

Now, it's Kaepernick's turn to set a record-breaking contract, as the 49ers extended his contract 6 more years earlier today, through the 2020 season:

When you look at the current NFL contracts among quarterbacks, you can see how Kaepernick's guaranteed money ($61 million) compares to his peers. His extension is worth approximately $126 million.

To compare, Flacco had a 6-year, $120.6 million extension with $52 million guaranteed. With the cap space the Browns have, this is all-the-more evidence that the Browns should try to see if they can extend QB Brian Hoyer's contract for several more years. If he'll accept a lowball offer, the risk-reward plays to the Browns' favor -- even if he's a bit pricey as a backup (worst-case scenario for him) down the road, who cares?

Anyway, what do you think of Kapernick's new deal? Was he worth the price? Comparatively speaking, I have to say yes. There's no doubt that the dimension that Kaepernick brings to the 49ers offense will keep them in any game.