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Colin Kaepernick Loses Millions on Business Deal After Refusing to Do PR

December 24, 2016 - Los Angeles, California, U.S. - San Francisco 49ers quarterback Colin Kaepernick walks off the field holding up his fist as the San Francisco 49ers defeated the Los Angeles Rams 22-21 during a NFL football game at the Los Angeles Memorial Coliseum on Saturday, Dec. 24, 2016 in Los Angeles. (Photo by Keith Birmingham/Zuma Press/Icon Sportswire)

Colin Kaepernick is apparently not a fan of media tours.

In a new report, it has been revealed that Mission Advancement was trying to buy The Change Company, which is a group dedicated to giving banking and lending services to marginalized communities.

The deal was on track to go through, but it has since fallen through after Kaepernick’s refusal to do one thing.

Kaeprnick refused to do TV Press for it.

Via WSJ:

“The Change Co. seemed like the perfect company for Colin Kaepernick’s SPAC to buy. The California lender focuses on minority borrowers underserved by traditional banks, a snug fit with the former National Football League star’s social-justice activism.

But a deal ran aground last week over a peculiar issue: Mr. Kaepernick’s reluctance to stump for the merger on live television, people familiar with the matter said.”

It was not revealed why Kaepernick didn’t want to go through with the media appearances.

But you know Colin is a man who is not afraid to stand up for what he believes in.

Maybe he just doesn’t believe in doing Press to close a deal?


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