Kaepernick is selling his Bay Area house but says it's an 'investment decision'

Colin Kaepernick may not be long for the Bay Area, at least if you take a look at the housing market.

Kaepernick confirmed to CSN Bay Area through a team spokesman that he put his San Jose home on the market for $2.895 million. The spokesman termed it an "investment decision."

Of course, we all know that Kaepernick signed an amended contract earlier this season that allows him to opt out of the final year of his deal and become an unrestricted free agent this offseason. He is owed $14.9 million in salary and bonuses in 2017, but can elect to hit the market instead.

Kaepernick took back the starting quarterback job from Blaine Gabbert shortly after signing his new deal. He's made six starts during which the 49ers have yet to record a win, but he's shown occasional flashes of the player that captured national attention a few years ago. He's completed 55.3 percent of his passes at 6.9 yards per attempt while throwing 10 touchdowns and three interceptions. He's also run for 373 yards and a touchdown on 46 carries.

It's unknown what kind of market would materialize for Kaepernick should he hit free agency, but there are several teams that could be looking for new quarterbacks as early as this offseason. There have been rumors since Chip Kelly took over in San Francisco that Kaepernick is on his way out; selling the house he owns in the area could be a precursor to that, or it could be just what he said it was -- an investment decision.

CBS Sports Writer

Jared Dubin is a New York lawyer and writer. He joined CBSSports.com in 2014 and has since spent far too much of his time watching film and working in spreadsheets. Full Bio

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