A trade of Colin Kaepernick is now unlikely following the 2016 NFL Draft.

The Denver Broncos and New York Jets both selected quarterbacks in the draft while the 49ers didn't pick one until the sixth round.

The Broncos were close to trading for Kaepernick but selected Paxton Lynch in the first round, moving up to trade for him.

“With Colin, I thought we were really close,” John Elway told MMQB’s Peter King. “That one surprised me a little.”

The Broncos wanted Kaepernick to take a pay cut as part of the trade.

Kaepernick has resumed throwing and will compete with Blaine Gabbert for the starting job.