Nick Foles Agrees To $88 Million Contract With The Jaguars

With the Eagles’ decision of not giving key backup quarterback Nick Foles the franchise tag, he became an unrestricted free agent.

As free agency opened on Monday, the Jaguars made a big splash by throwing a massive four-year, $88 million deal at Foles to be their new franchise quarterback.

Max value of $102m. https://t.co/8brSABTO8K

— Mike Garafolo (@MikeGarafolo) March 11, 2019

Of that $88 million, $50 million will be guaranteed.

The #Jaguars giving QB Nick Foles $50.125 million in guaranteed money would be the most for a single contract in franchise history.

— Phillip Heilman (@phillip_heilman) March 11, 2019

The move will result in the Jaguars releasing incumbent starter Blake Bortles.

The #Jaguars are expected to release QB Blake Bortles when QB Nick Foles’ deal is official and signed, I’m told. Will be a few days. But Bortles will be free.

— Ian Rapoport (@RapSheet) March 11, 2019