Colin Kaepernick will exercise the clause in his contract to become a free agent this offseason.

Kaepernick hasn't ruled out a return to the San Francisco 49ers.

Kaepernick has put his San Jose home on the market for $2.9 million. He’s termed the move an “investment decision.”

The other two quarterback on the roster, Blaine Gabbert and Christian Ponder, are in the final year of their contracts.