Colin Kaepernick doesn’t want to suit up for San Francisco anymore.

The New York Daily News‘ Manish Mehta reported that earlier this month. To add, Mehta spiced up the scoop even more by stating Kaepernick is believed to prefer the New York Jets as the next landing spot.

While the Jets have been seeking a long-term quarterback—Kaepernick certainly fits the bill—there is the matter of his lucrative contract, which still has five years and $114 million tied to it. The Jets currently have just $13.1 million in cap space, per Spotrac.

The Jets’ No. 1 wide receiver, Brandon Marshall, has also said he wants Ryan Fitzpatrick—who had the best season of his career—opposed to Kaepernick, while appearing on ESPN’s “First Take” panel. Fitzpatrick is an unrestricted free agent (UFA), so there’s no guarantee he’ll return.

The most intriguing team that could surface in the Kaepernick race is the Denver Broncos. CBS Sports’ Will Brinson seems to think so.

The Denver Post’s Troy Renck doesn’t want to rule that possibility out, either.

Most fascinating twist will be if Osweiler’s market explodes. Would #Broncos go after project like RG III or Kap? I never rule anything out — Troy Renck (@TroyRenck) February 12, 2016

Although he hasn’t officially confirmed his intentions to retire, it’s safe to assume Peyton Manning has played his last game in Denver. Brock Osweiler, who stepped-in for Manning mid-season and led the Broncos to a 5-2 record, is the presumed successor, but he’s also an UFA.

Denver intends to discuss a multi-year extension with Osweiler, however, they’re reportedly awaiting Manning’s final decision, per 9News’ Mike Klis. And given the Broncos’ list of free agents—Malik Jackson, Von Miller, Danny Trevathan, etc.—it’s unclear if Denver is willing to overpay for Osweiler’s services, considering he’s only signal-called for seven games as a starter.

Should Osweiler hit the open market, it’s going to be arduous to compete against QB-hungry teams like Cleveland, Houston and Los Angeles—to name a few. That’s why zeroing-in on Kaepernick may be in the cards for Denver.

There is the matter of Kaepernick’s contract, though. Like New York, Denver’s cap space is slim pickings as well (currently $11.81 million, per Spotrac). Nonetheless, if the Broncos clear Manning’s salary, along with a few of their free agents, they could make it work.

With how the QB carousel in Denver has rotated over the years—Manning, Osweiler, Tim Tebow—it wouldn’t come as a surprise to see Kaepernick in blue and orange.

For right now, the idea is an interesting theory to process heading into March.