Colin Kaepernick and Eric Reid have reached a confidential settlement with the league Friday (Feb. 15). The agreement brings an end to their collusion lawsuit against the NFL more than a year after the legal bout began.
According to Yahoo Sports, the Kaepernick and Reid would only agreed to settle for a “lucrative financial agreement.” No other details about the terms of the settlement were released.
Kaepernick and Reid filed sued the NFL for collusion in October 2017. The league denied the allegations, but failed in their attempt to have the suit dismissed.
Attorneys Mark Geragos and Ben Meiselas said in a statement that Kaepernick and Reid have engaged in an “ongoing dialogue” with the NFL for the past “several months.”
“As a result of those discussions, the parties have decided to resolve the pending grievances,” the statement explains. “The resolution of this matter is subject to confidentiality agreement so there will be no further comment by any party.”
The NFL Players Association released a statement of support. “We are not privy to the details of the settlement, but support the decision by the players and their counsel,” the statement reads.
“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.”
Jerry Jones, Bob McNair, Robert Craft and several other NFL owners and players were deposed in the case. Reid was recently signed to the Carolina Panthers. Kaepernick remains unsigned.
— Mark Geragos (@markgeragos) February 15, 2019