The former San Francisco 49ers quarterback alleged NFL owners conspired to keep him off the field following his protests to draw attention to racial inequality and social injustice issues.
When a settlement was reached last month, many believed it was worth tens of millions of dollars, but The Wall Street Journal does not say how the money was split between Reid and Kaepernick.
Reid now plays for the Carolina Panthers, while Kaepernick has not played since leaving the 49ers at the end of the 2016 season.
A joint statement in February from lawyers representing the NFL and Reid and Kaepernick said the terms of the settlement were confidential. “For the past several months, counsel for Mr Kaepernick and Mr Reid have engaged in an ongoing dialogue with representatives of the NFL,” the statement read. “As a result of those discussions, the parties have decided to resolve the pending grievances. The resolution of this matter is subject to a confidentiality agreement so there will be no further comment by any party.”
31-year-old Kaepernick has spoken of his desire to resume his NFL career. In six seasons with the 49ers he led them to the Super Bowl and earned $43m in salary. He also has a deal with Nike, for whom he fronted an advertising campaign last year with the theme, Just Do It, which also went viral.
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