SANTA CLARA -- Colin Kaepernick isn't planning a massive shopping spree now that the 49ers gave him a six-year contract extension with a record-setting $61 million guaranteed.

"The three most expensive things I own are my TV, my bed and my couch. I'm going to keep it that way for a while," Kaepernick said Wednesday upon signing a deal worth up to $126 million.

More urgent to him and the 49ers is securing the franchise's first Super Bowl championship in 20 years, then winning even more before his contract expires after 2020.

"That's your goal as a player, to win a Super Bowl every year you're playing," Kaepernick said. "Granted that's not realistic, to win it every single year, but that's what your goal is."

San Francisco 49ers starting quarterback Colin Kaepernick (7) scrambles against the Seattle Seahawks in the first quarter of the NFC Championship Game at
San Francisco 49ers starting quarterback Colin Kaepernick (7) scrambles against the Seattle Seahawks in the first quarter of the NFC Championship Game at CenturyLink Field in Seattle, Wash., on Sunday, Jan. 19, 2014. (Nhat V. Meyer/Bay Area News Group) ( Nhat V. Meyer )

Each of the past two seasons have ended with Kaepernick & Co. close to snagging the Lombardi Trophy, only to lose in the 2012 season's Super Bowl and in last January's NFC Championship game.

"Colin's hard work and dedication have played an integral role in the recent success of the 49ers organization," general manager Trent Baalke said in a statement. "His work ethic, leadership and on-field production have positively influenced our team, and we look forward to his continued growth in all areas."

Kaepernick, a second-round draft pick in 2011 out of Nevada, was entering the final year of his rookie contract with a 2014 base salary of $973,766.


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After nonstop negotiations from 10 a.m. Tuesday to 2 a.m. Wednesday, the new deal included a $12 million signing bonus and reduced Kaepernick's 2014 base salary to $645,000 with a $100,000 workout bonus, for a $3 million salary-cap figure this year, according to CBSSports.com's Jason La Canfora.

Kaepernick's deal rivals that of a 2012 pact signed by the Baltimore Ravens' Joe Flacco, who scored big (six years, $120.6 million) after defeating Kaepernick and the 49ers in Super Bowl XLVII.

"We're just really thrilled for the Kaepernick family. They're amazing people," Kaepernick's agent, Scott Smith of XAM Sports, said. "And I'm grateful for all the hard work the 49ers put into it."

Kaepernick, 26, said he hadn't planned out his financial windfall, other than taking care of his family, including his adoptive parents, Rick and Teresa, who live in Modesto.

"The first thing is to make sure everyone in my family is set, and I guess go from there," said Kaepernick, who is single and has no children.

Kaepernick has been the 49ers' starter since midway through the 2012 season when he replaced a concussion-suffering Alex Smith, who signed a $49.5 million deal upon being drafted No. 1 overall in 2005.

Here are a pair of socks like 49ers quarterback Colin Kaepernick wears. The socks are called "Make it Rain" and are made by the company "40s
Here are a pair of socks like 49ers quarterback Colin Kaepernick wears. The socks are called "Make it Rain" and are made by the company "40s and Shorties." (Photo courtesy of 40sandshorties.com )

Smith, traded a year ago to the Kansas City Chiefs, is among those Kaepernick thanked Wednesday in his contract-acceptance speech, because: "I wouldn't be at this point so quickly if he hadn't mentored me."

Kaepernick's payday, with an average of $21 million, puts him in a stratosphere shared by Super Bowl-winning quarterbacks such as the Packers' Aaron Rodgers ($22 million average), the Ravens' Flacco ($20.1 million), the Saints' Drew Brees ($20 million) and the Broncos' Peyton Manning ($19.2 million).

"I feel I'm always striving to be in that elite group in the NFL, not necessarily paid but as far as a player," Kaepernick said.

Kaepernick's deal figured to have stalled in recent months by a Miami police investigation regarding an incident involving a woman at his hotel suite. That case is being reviewed by the Miami-Dade State Attorney, and no crime has yet been alleged.

Kaepernick has insisted he did nothing wrong, and he said he was not worried how it would affect the contract negotiations he left up to his agents.

Helping create salary cap room was safety Carlos Rogers' April release, which was postdated to June and freed up $6.6 million in space.

Kaepernick said his deal was "written and negotiated" in such a way that it won't prevent his teammates from striking their own lucrative deals, players such as wideout Michael Crabtree, guards Mike Iupati and Alex Boone and tight end Vernon Davis, the latter two of whom haven't shown up for organized team activities because of contract dissatisfaction.

"Our organization always looks to reward our players for their contributions and commitment to the team," Baalke continued. "Colin's agents, Scott Smith and Jason Bernstein, along with (the 49ers') Paraag Marathe and Brian Hampton, should be commended for working diligently to reach an agreement."

Kaepernick is 17-6 in regular-season starts, and his play-making prowess has shined best in the playoffs. He's gone 4-2 in the postseason, losing 34-31 in Super Bowl XLVII to the Baltimore Ravens and 23-17 in last year's NFC final at Seattle.

He's thrown for 1,374 yards and seven touchdowns in those postseasons while also rushing for 507 yards and four touchdowns, including 181 rushing yards in his playoff debut against the Green Bay Packers.

Fullback Bruce Miller, himself a recipient of an offseason extension (three years, $5.4 million), offered congratulations on Twitter, noting with hashtags that Kaepernick was "deserving" and the "hardest working dude I know."

Kaepernick said his extension didn't necessarily have to get completed now but was pleased it happened before training camp in late July.

"I'm very excited to have it done at this point," Kaepernick said. "We don't have to worry about talks. We can get back to football and focus on trying to win a Super Bowl."

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With a big contract, Colin Kaepernick will have to prove his worth on the field to silence the critics.