The Philadelphia Eagles informed Nick Foles that they will pickup his $20 million option for 2019. ESPN’s Adam Schefter is reporting that Foles will void the option.
To void the option, Foles will have to repay $2 million to Philadelphia from his 2018 signing bonus.
And Nick Foles officially is informing the Eagles that he is voiding the option, per source. https://t.co/W9TmZsSAzq
— Adam Schefter (@AdamSchefter) February 6, 2019
Once those transactions officially take place, the Eagles are expected to franchise tag the Super Bowl LII MVP for $25 million, then trade him.
Philadelphia’s asking price for Foles is reportedly a third-round draft pick.
The Eagles refused to specify any of their plans for Foles. But being that other teams already have inquired on Foles’ price, and it is expected to be around a third-round pick, the way for Philadelphia to secure the quarterback’s rights this offseason would be with a franchise tag.
A third-round draft picks seems like a steal for the Super Bowl hero. Especially for a team in need of a quarterback.
Sure whoever trades for Foles will have to pay a ton of money for him, but he’s repeatedly proven he can lead a team to the playoffs. Not every quarterback has that skill.
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