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Jaguars land free agent QB Nick Foles

Florida Football Insiders

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Mark J. Rebilas-USA TODAY Sports

The Jacksonville Jaguars search for a veteran replacement quarterback has in fact landed them former Eagles Super Bowl hero Nick Foles. With free agency set to begin on Wednesday word has already leaked that Foles has agreed to a four-year contract to come to the Jags.

NFL Network insider Mike Garafolo was the first to report the contract details:

The average compensation of $22 million per year and a reported $50 million guaranteed over the four years is staggering for a quarterback that was backing up Carson Wentz when Wentz got injured at the end of the 2017 season. Foles went on to lead Philadelphia to two NFC playoff wins and a Super Bowl 52 victory over the New England Patriots.

Philly elected to go back to established starter Carson Wentz in September of last season, once he was fully healed from his ACL knee surgery.

Still, Wentz was hurt again with a small fracture in his back late in the year and Foles quarterbacked Philadelphia into the playoffs again this past season. The Eagles knocked off the Bears in the Wild Card round in an upset in Chicago before narrowly losing to the Saints in the Divisional round of the playoffs the following week with Foles at the helm.

Jacksonville laid the ground work for acquiring Foles, in part, when they hired his former QB coach in Philly for 2017, John DeFilippo, as their new offensive coordinator in January.

They also released several players including DT Malik Jackson, RB Carlos Hyde and S Tashaun Gipson last Friday freeing up over $20 million in cap space.

Furter, we have well documented that the Jaguars are going to get rid of embattled QB Blake Bortles and most likely designate him as a post-June 1st release. That would enable them to spread his “dead cap” money over the next two seasons.

That means Jacksonville wsa in need of an established veteran QB and Foles will fit that bill.

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