Discussions about a potential deal to send Colin Kaepernick to the Denver Broncos appear ongoing, but all signs point to the embattled quarterback attending the start of the 49ers' voluntary offseason program Monday.
ESPN reported Sunday morning that the Denver Broncos are willing to pay $7 million of Kaepernick's $11.9 million salary for the 2016 season, but they want the 49ers to pick up the rest.
Late Sunday, an NFL source indicated Kaepernick would be in Santa Clara for the start of OTAs, the Sacramento Bee's Matt Barrows reported. A photo of Kaepernick purportedly boarding a plane for the Bay Area also popped up on Twitter.
Why would Kaepernick show up? According to ESPN, Kaepernick has a $400,000 offseason workout bonus for 90 percent attendance to the offseason workouts.
The backdrop of the will-he-or-won't-he-show-up drama is that the teams apparently are close to finalizing a trade if the money for Kaepernick's 2016 salary can be worked out. But the 49ers have been unwilling to pay the remaining $4.9 million of Kaepernick's salary, and the quarterback is unwilling to forfeit that money so the deal can go through, the ESPN source said.
Money is the only issue, according to ESPN. The compensation involved can be finalized "with one phone call." The 49ers would get a midround pick.
Kaepernick reportedly has met twice with Broncos general manager John Elway, including Thursday at Elway's Colorado home as the franchise looks at its options to fill the void left by Peyton Manning's retirement and Brock Osweiler's free agency exit.
The teams appear to have a match in the draft-pick portion of the potential deal.
The Broncos have 10 picks, including a third-round choice (No. 94 overall) that might satisfy the 49ers, or perhaps one for 2017 would.
By being on the 49ers roster through March, Kaepernick's $11.9 million base salary is guaranteed for this season, though he could renegotiate it to spur that potential deal with the Broncos.
The Broncos have minimal salary-cap space -- $1.6 million, according to the NFL Players Association -- and likely would need to rework Kaepernick's contract.