Saturday night, NFL Network insider Ian Rappaport reported that the Philadelphia Eagles planned to pick up Super Bowl 52 MVP Nick Foles’ $20 million contract option. Foles surely would not mind making $20 million next year backing up Carson Wentz, but instead he has decided to pay the Eagles $2 million to void the option, making him a free agent.
The Eagles still have the option to franchise the quarterback from the University of Arizona, but that would cost them around $25 million. It is obvious that if they do franchise Foles it would be to try and pursue a trade, but who knows what Philly’s plan is.
I expect that Foles is going to hit the free agent market. I doubt the Eagles franchise him just based on the principle that, if they are unable to find a trade partner willing to meet their asking price, paying that much for a backup is ludicrous.
I already posted about Foles’ best fit, and I think that he will end up in that spot, especially if he hits the open market. But regardless of where he ends up, Foles will always be a Philly legend as he was an integral part of bringing the Lombardi trophy to the city in 2018.
-Jarrod Ribaudo (@Jribs53)
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