Tag: Nick Foles contract

Nick Foles’ contract isn’t as bad as we thought

The Nick Foles transaction was made official Tuesday, and now details of his restructured deal have been released, and it’s not that bad.

When Chicago Bears general manager Ryan Pace traded for Nick Foles last month, some Bears fans were infuriated because of his contract, noting that it was one of the worst contracts in the NFL.

After the Bears traded for Foles, it was reported that the team would restructure his contract. Which would explain the compensation of a fourth-round pick given to the Jacksonville Jaguars in exchange for Foles.

The Foles trade was made official Tuesday, and his contract details have been revealed. According to NFL Network’s Ian Rapoport, Foles will earn $8 million per year over the next three years.

Foles will still make $24 million in guarantees, but it will all be spread out over the next three years. As reported by Rapoport, Foles can earn up to $6 million in incentives per year.

That $9 million in salary cap space is outstanding after the Bears only had about $1.5 million before Foles’ restructured deal. With that $9 million in cap space, Pace can make a couple of moves heading into the NFL Draft. I’d like to see Pace go out and sign safety Tony Jefferson and offensive guard Kelechi Osemele.

The Bears could free up more than $9 million in cap space if they were to restructure a couple of deals and by extending receiver Allen Robinson, which will hopefully happen soon.

With the Foles contract situated, the team looks to be in good shape heading into the 2020 season, and for Foles, there is plenty of motivation for him.

If the Bears end up getting solid quarterback play out of Foles, assuming he wins the starting job, then his cap hit would certainly be worth it.

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Grading Bears’ trade of QB Nick Foles

While Nick Foles provides an upgrade at the QB position, was trading for him the right move? We grade the Bears’ trade for Foles.

The Chicago Bears certainly made a splash with their newest quarterback addition. Only, it wasn’t exactly the splash many fans were hoping for.

Chicago traded a fourth-round pick to the Jacksonville Jaguars for veteran quarterback Nick Foles, and there was a mixed reaction from around the NFL landscape.

While Foles provides an immediate upgrade at the quarterback position, it wasn’t exactly the flashy signing people were expecting. Especially when Cam Newton was still available.

But this could certainly be looked at as a step in the right direction. Foles does provide the competition general manager Ryan Pace was seeking for Mitchell Trubisky. But whether or not Foles will win the job remains to be seen.

Bringing in Foles could be looked at two ways: 1) He’s been brought in to give Trubisky a chance to really earn the job, and if not, serve as a solid replacement; 2) He’s been brought in to replace Trubisky and serve as the bridge between him and the next quarterback Chicago brings in.

Having a veteran leader like Foles, a Super Bowl MVP, only serves to benefit this team — whether that’s Trubisky or this offense as a whole.

While there are some that are convinced Foles has already been anointed the starter, it’s too soon to make that call. Keep in mind, Foles lost his starting job to sixth-round rookie Gardner Minshew last season.

But it is clear that Trubisky is being put on notice that, unlike last season, they won’t hesitate to bench him for Foles, should Trubisky win the job and continue to struggle.

Whether this Foles trade winds up working out for the Bears remains to be seen. Perhaps the competition really will push Trubisky. Maybe Foles will swoop in and provide adequate quarterback play and let the Bears defense do the rest. Or maybe this will be one big failure that costs Chicago a valuable draft pick. Time will tell.

Grade: C

What do you think, Bears fans? How would you grade Chicago’s trade for Foles?

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