Broncos,Jonathan Stewart Jersey Colin Kaepernick and 49ers continue waiting game in trade talks Another week has begun with the Denver Broncos slow-speed chase of quarterback Colin Kaepernick. And as the San Francisco 49ers opened their offseason program Monday, Kaepernick was in attendance for a team meeting and thus, still a 49ers quarterback. So, while the Broncos' pursuit of Kaepernick is real and has advanced well beyond trade-rumor status,Cyrus Jones Jersey it's clear the Broncos get more leverage in this if they continue to show patience. The Broncos, according to the NFL Players Association, have $1.62 million worth of salary cap space. Kaepernick’s $11.Doug Baldwin Jersey9 million base salary for the 2016 season is guaranteed no matter where he is and what uniform he wears. Kaepernick wants to be shown how he will receive that $11.9 million. The Broncos, who would have to tweak a deal or two of players on their current roster as well as make a roster move or two to add Kaepernick, want the 49ers to pick up $4.James Harrison Jersey9 million of it in a trade. The 49ers, to this point, have declined. So, Kaepernick went to work Monday to the 49ers’ Santa Clara,AJ McCarron Jersey California, facility. Guaranteed money is just that – guar-an-teed. Few, if any, players are going to have the inclination to surrender dollars that are,Chandler Jones Jersey even if they do nothing, guaranteed to be in their bank accounts. And in a league where teams release players all of the time with years remaining on their contracts or demand players take pay cuts with the threat of being released if they don’t, Kaepernick really has no compelling reason to surrender money that’s already his other than if he simply wanted to escape the 49ers that badly. So, the longer the Broncos wait,DeMarcus Ware Jersey the closer Kaepernick gets to having to stay with a team that has both benched and shopped him. The 49ers are paying Kaepernick some, or all, of that $11.9 million no matter what happens. So,Jason Witten Jersey the wait-and-see mode the Broncos have shifted into rests on that fact. Sure, the 49ers would like the best draft pick possible in a trade and they’d like to have to pick up as little of the $11.9 million as possible in a trade. But the fact is if they keep Kaepernick, they pay the $11.Rashad Jennings Jersey9 million. If they release Kaepernick and then he signs with the Broncos, or somebody else, the 49ers are picking up the difference between what Kaepernick’s salary is for 2016 and $11.9 million. So,Randall Cobb Jersey in the end, $4.9 million might be the best they can do. If they come to that conclusion then a trade gets done. Put it all together and the bottom line is eventually the money issues, most notably the idea the 49ers have to pay $11.9 million to Kaepernick no matter what, will create a deadline. The 49ers have entertained offers for Kaepernick because they benched him last season and things have soured. The longer the Broncos wait, the more leverage the Broncos get because Kaepernick doesn’t want to be in San Francisco and the team has already shown they’d be more than willing to live without him.