Jets, Bears have discussed potential Nick Foles trade

The Jets and the Bears have reportedly had trade talks about veteran quarterback Nick Foles ahead of the beginning of training camp.

The Jets know who their starting quarterback will be in Week 1, but there are still questions about who will claim the No. 2 spot on the depth chart.

James Morgan and Mike White are currently the only other quarterbacks on New York’s roster. Neither projects as a top-notch candidate to back up Zach Wilson once the regular season begins, making it possible that Joe Douglas looks outside the organization for an answer at the position.

As it turns out, Douglas has already started his pursuit of a potential veteran backup and mentor for Wilson. The Jets and Bears have discussed a potential trade for Nick Foles, according to Brian Costello of the New York Post. However, a deal between the two sides seems unlikely at this point in time.

Foles is due to make $8 million over the next two seasons — an expensive price to pay for a backup quarterback, no matter his potential value. Chicago would have to eat some of the 32-year-old’s contract in order to facilitate a trade with the Jets or any other team, but it remains to be seen if that is something Bears general manager Ryan Pace is interested in doing.

With Andy Dalton entering training camp as Chicago’s starting quarterback and Justin Fields waiting in the wings as his successor, there is no longer a place for Foles with the Bears. New York could wait to see if Chicago cuts Foles before the end of the summer, but that also seems unlikely given the $14 million dead money charge the Bears will have to account for if they release him.

Foles profiles as an ideal player to pair with Wilson as he enters his rookie year. He led the Eagles to a Super Bowl win over the Patriots and Douglas knows the kind of impact he can have from a leadership perspective better than anyone stemming from the time they spent together in Philadelphia. Nonetheless, the business side of football figures to win out in this situation, likely meaning the Jets won’t be able to get their hands on Foles.

Assuming that is the eventual outcome, New York is prepared to ride with its current crop of quarterbacks when it travels to Carolina to kick off the 2021 season. Robert Saleh did not seem to be in much of a rush to add a veteran quarterback when quizzed on the subject in June and while having one would likely help Wilson, there is no guarantee that happens if the circumstances surrounding the veteran addition are not just right.

“I know [White and Morgan have] had their ups and downs, just like Zach has but, it doesn’t mean that just because they’re veteran it’ll help the quarterback,” Saleh said. “There’s a match that has to happen, there’s a scheme familiarity that has to happen. If you just bring in a veteran that doesn’t know anything about your scheme, he’s learning just like the rookie is.

“Aside from helping him rehab… and study habits — which I think Zach, and that entire quarterback room, is already ahead of the curve on, with how they handle their bodies and study — I don’t know if there’s much value aside from being comfortable that if something hits the fan, that you have a veteran who’s played football. It’s more of a comforting feeling, rather than trying to work your ass off to develop the quarterbacks that are already in the building.”

NFL trade rumors: Multiple teams have approached Jags for Nick Foles says Adam Schefter

The Jags could be continuing their overhaul during free agency as veteran Nick Foles has interest from multiple teams.

There were speculations that the Jacksonville Jaguars had conversations to trade quarterback Nick Foles, and now thanks to Adam Schefter, we have confirmation on that. With the tampering period kicking off at noon, Schefter revealed that multiple teams have reached to the Jags for the veteran’s services, so it’s a chance he may not be a Jag for long.

When evaluating Schefter’s statements about the team being reluctant to trade him, fans may be a bit disappointed, however, it could more so be a case of the Jags waiting out the process and upping a potential return.

The Jags brought in Foles for the most expensive free-agent contract in team history (a four-year deal worth $88 million) last spring and he didn’t quite pan out. After sustaining a broken collarbone Week 1of the regular season against the Kansas City Chiefs, rookie Gardner Minshew II stepped in for him until Week 11 against the Indianapolis Colts. Upon his return, he could never find a groove and Minshew was renamed the starter Week 14 against the Los Angeles Chargers.

With the team heading towards a clear rebuild, getting Foles off their books for the future would be huge for their salary cap. For this season, they could also designate a post-June trade which would give them dead cap hits of $6.25 million and $12.5 million throughout 2020 and 2021, respectively. Per Over the Cap, that would allow them to get a relief amount of over $15.5 million in 2020.

The teams to watch out for when it comes to Foles’ services without a question are the Chicago Bears and Indianapolis Colts. The Bears have two of his former coaches in Matt Nagy and John DeFilippo, while the Colts have his former offensive coordinator from the Philadelphia Eagles, Frank Reich.