Legal representatives for Kaepernick and Reid declined the Journal's request for comment.
The conventional wisdom was that the non-disclosure was in place to benefit the National Football League after a large payout that would, in essence, reveal that the National Football League was likely at fault in the collusion case against Kaepernick and Reid. People briefed on the deal spoke to the Journal, but the terms remain confidential.
Mr. Kaepernick, the former San Francisco 49ers quarterback, and Mr. Reid, a safety, alleged in their grievances that they were blackballed by the league after they catalyzed a movement of protests-typically kneeling or holding up a fist-during the national anthem to draw attention to social issues and racial inequality. Mr. Reid followed suit a year ago, and was later signed by the Carolina Panthers midway through the 2018 season.
"If Mr. Kaepernick had won his grievance, the league's collective bargaining agreement with its players would have entitled him to damages worth up to three times what an arbitrator determined he lost as a result of the collusion", Beaton wrote, while adding that meant Kaepernick could have been awarded $90 million in a ruling.
The protest stirred controversy among fans who felt that Kaepernick (and others) was disrespecting the flag by exercising his right to protest.
According to the Wall Street Journal, the confidential settlement, which had been hailed as a win for the players, was not worth almost as much as previously believed.
Since Kaepernick had been out for two seasons, observers pegged his salary for those years at a total of $30 million, given the marketplace for QBs.
Less than $10 million may be the true amount of the settlement. "The resolution of this matter is subject to a confidentiality agreement so there will be no further comment by any party", the statement said.