Nick Foles Tells Eagles He's Voiding $20 Million Option for 2019

Lynette Rowe
February 8, 2019

The Philadelphia Eagles made news on Tuesday by exercising the $20 million option on Nick Foles' contract for next season.

Foles had to pay the $2 million to the Eagles via cashier's check by February 16, which would be 25 days prior to the start of the new league year.

With the 2018 National Football League season officially in the books, it is time for the rumor mill to spin up regarding big-name free agents and trade targets.

If the Eagles did place the franchise tag on Foles, and then find a team willing to trade for him on the tag, the Eagles would free up the $25 million in salary cap space once the deal was done.

Foles' contract was structured in a way that he could void the option by paying the Eagles $2 million.

The Eagles have offered no official comment on the reports.

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His best run, of course, came in 2017 when he propelled the Eagles to the postseason and led them to their first Super Bowl win in franchise history. The price for Foles is expected to be around a third-round pick, according to Schefter.

Nick Foles' situation with the Philadelphia Eagles will be one of the most-fascinating storylines of the NFL's 2019 offseason.

The Eagles' cornerstone had his pristine image shattered last month when Philly Voice published a story, citing more than six players and other sources close with the team anonymously, which questioned the franchise quarterback's ability to be a teammate. And yet, as CBS Sports' Joel Corry noted, the "potential pitfalls" of the tag, including that $25 million cap hit, make it an nearly unnecessary hurdle. But that doesn't make sense considering the team has stood by Carson Wentz after injuries forced him to miss time this season.

Wentz said the report was a shock to him. If there were guys that had issues, in hindsight, I wish we could have just talked about them.

"Because John DeFilippo is now down there as the offensive coordinator".

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