Foles is signing a four-year, $88 million deal with the Jaguars, Ian Rapoport of NFL Network reports. The Foles to the Jaguars connection has been rumored since early in the offseason, but now it appears a deal will be made official once the new league year begins. The money and duration of the contract suggests that the Jaguars view Foles as a long-term solution, which should end speculation of the team using an early draft pick on quarterback. Foles completed 72 percent of his passes with seven touchdowns and four interceptions over five games with the Eagles in 2018.
Foles is expected to sign with Jacksonville when the new league year opens next week, Dan Graziano of ESPN.com reports. Among quarterback-needy teams, Jacksonville is one of the few that seems to prefer a veteran over a rookie. Denver is the other team that stands out, but Foles isn't a fit now that the Broncos have an agreement in place to acquire Joe Flacco. It's expected the Jaguars will release fellow quarterback Blake Bortles, despite owing him $6.5 million in guaranteed 2019 base salary even if he isn't on the roster. Jacksonville isn't a good spot for Foles to establish fantasy value, as the team lacks a dominant pass catcher and presumably hopes to win games on the basis of its talented defense and rushing attack.
The Eagles won't use their franchise tag on Foles this offseason, Mike Garafolo of NFL Network reports. The decision officially sets Foles free and will allow him to hit unrestricted free agency in March. There's no question there will be a strong market for the former Super Bowl MVP, who should at least get the opportunity to compete for a starting role wherever he lands.
The Eagles picked up Foles' $20 million mutual option for 2019 on Tuesday, Tim McManus of ESPN.com reports. Foles now has five days to accept the option or decline and pay back $2 million from his 2018 bonus to become a free agent. Things get a bit messier should the veteran quarterback pick up his side of the option, as the Eagles' dire cap situation makes it difficult to carry such a high cap figure heading into the 2019 season, as they would attempt to work out a trade. Regardless, Foles will assuredly be sought after given his performance in Philadelphia the past two seasons.
Coach Doug Pederson confirmed Monday that Foles would remain the Eagles' starting quarterback for the team's matchup with the Saints this weekend in the NFC divisional round, Zach Berman of The Philadelphia Inquirer reports. The decision was an obvious one with Foles having guided the Eagles to four straight victories -- including a road upset of the Bears in the wild-card round Sunday -- while Carson Wentz has been recovering from a back fracture. Pederson noted that Wentz is "still getting healthy," but the 2016 first-round pick won't be available even in a backup capacity versus New Orleans, leaving Nate Sudfeld to work as Foles' understudy. It's generally expected that Wentz will remain sidelined for the duration of the Eagles' postseason run, but the team has thus far resisted moving him to injured reserve.
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