Around the NFL

Eagles expected to pick up Nick Foles' $20M option

Nick Foles and the Philadelphia Eagles are taking their next step.

The Eagles are expected to pick up Foles' 2019 contract option for $20 million, NFL Network Insider Ian Rapoport reported Saturday on Super Bowl LIVE.

Thereafter, Rapoport added, Foles would likely give Philadelphia $2 million to essentially "buy his freedom," Rapoport said, and become a free agent. From there, the Eagles would likely put a franchise tag on Foles and look to trade him after. Another possibility is that after Foles pays the $2 million buyout, Philly could let him go into free agency and gain a compensatory draft pick.

"Either way, it's a little bit of a game of chicken right now," Rapoport said, "we do not know how the Eagles are going to proceed after Foles gives them $2 million back for his freedom."

There is also the possibility that the 29-year-old quarterback could simply be traded after his option is picked up without going through the buyout and franchise-tagging. However, Rapoport added that Foles would likely get a new contract from whichever team traded for him.

Following the season, Eagles coach Doug Pederson stated that "Carson [Wentz] is the quarterback going forward."

Thus, figuring out how to part ways with Foles has become paramount.

During the recently concluded 2018 campaign, Foles led the Eagles on a three-game winning streak to end the season with more than 300 yards in each game before a thrilling upset of the third-seeded Bears during NFC Wild Card Weekend.

The news comes on the eve of Super Bowl LIII, a season after Foles quarterbacked Philadelphia past New England for the franchise's first and only Super Bowl title and garnered game most valuable player honors in the process.

"There are a lot of different options here," Rapoport said, "but the biggest step along the way is are they going to exercise the $20 million-contract option. I am told they are, in fact, expected to."

This article has been reproduced in a new format and may be missing content or contain faulty links. Please use the Contact Us link in our site footer to report an issue.

Related Content

See all the Action

See all the Action

Replay every game all season.