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John Elway: Colin Kaepernick 'Had His Chance to Be Here,' Was Offered Contract

Denver Broncos general manager John Elway said Thursday that free-agent quarterback Colin Kaepernick had an opportunity to sign with the team.

According to NFL Network's James Palmer, Elway said, "Colin had his chance to be here. We offered him a contract."

In 2016, Elway told reporters that the Broncos had made an offer to Kaepernick. According to CSN Bay Area's Mindi Bach, the contract would have paid Kaepernick $7 million per season over two seasons.

This article will be updated to provide more information on this story as it becomes available.