The Broncos continue to explore a potential trade for quarterback Colin Kaepnerick, who met with general manger John Elway at Elway's Denver home on Thursday, an NFL source confirmed.
The meeting was held on the day Kaepernick's $11.9 million salary for next season became guaranteed, which eliminated the possibility that the 49ers would release him; he carries a $15.9 million cap hit for next season with about $19.3 million in dead money. But the team has given Kaepernick's agents permission to seek a trade, meaning other teams are allowed to speak with him directly.
The San Francisco Chronicle first reported the Thursday meeting.