John Elway says trade talks between the Denver Broncos and San francisco 49ers on Colin Kaepernick are "dormant."

Elway and Kaepernick met twice last month after the 49ers granted Kaepernick's request to pursue a trade. Unwilling to accept a revised contract offer from the Broncos, Kaepernick reported April 4 for the start of the 49ers offseason program.

"He's been working out from what I understand. That's all I'm going to say," Elway said in Denver at a pre-draft media session.