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The NFL foolishly settles lawsuit with Colin Kaepernick and Eric Reid

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Friday was payday for former San Francisco 49ers quarterback Colin Kaepernick and Eric Reid, a defensive back for the Carolina Panthers.

The two filed separate collusion grievances against the NFL, and the league opted to settle with both of them, according to ESPN.

The players alleged that because Kaepernick started the NFL’s national anthem kneeling epidemic in 2016 and Reid, who was also a 49er at the time, was among the first to join him, that they were targeted unjustly by owners who wanted to keep them out of the league.

"For the past several months, counsel for Mr. Kaepernick and Mr. Reid have engaged in an ongoing dialogue with representatives of the NFL," the players' attorney Mark Geragos and the NFL said a joint statement issued Friday, according to ESPN. "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."

The exact figures are still unclear on how much each player received. However, Bleacher Report’s Mike Freeman reported Kaepernick’s settlement is somewhere in the $60 million to $80 million range.

Number NFL team officials are speculating to me is the NFL paid Kaepernick in the $60 to $80 million range.

Ultimately, the whole thing is ridiculous. Neither player deserves lawsuit money........

© Washington Examiner