The Jacksonville Jaguars are trading quarterback Nick Foles to the Chicago Bears, according to ESPN’s Adam Schefter.

Jacksonville will receive Chicago’s fourth-round compensatory pick.

This time last year, Foles was one of the top quarterbacks on the free-agent market, and he parlayed that status into a four-year, $88 million deal with the Jaguars.

RELATED: Jags Want to Start Gardner Minshew and Trade Nick Foles 1 Year After Signing Him to $88M Deal

Jacksonville had reached the AFC title game in 2017 before losing 11 games in 2018.

In order to make a rebound, a change was required under center, and signing Foles was the most straightforward option available.

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