No one saw this coming. According to sources close to ESPN’s Adam Schefter, the Jacksonville Jaguars are sending Super Bowl winning quarterback Nick Foles to the Chicago Bears for a 2020 compensatory 4th-round pick.
A season removed following his massive four-year, $91 million contract that the Jags gave him, the team is shipping him to Chicago for basically nothing. Two things went wrong for Foles in 2019, first being his broken collarbone suffered in the season opener against KC, and second was the rise of rookie sensation, Gardner Minshew.
The move means that the Jags will absorb $18.75 million in dead money in 2020. After cutting Blake Bortles last March, the Jaguars will have paid nearly $36 million in dead money over the past two seasons.
Foles has already restructured his contract with Chicago, a source told Schefter. He has three years and $21 million guaranteed left on the deal, but can now void the deal after either of the first two years, depending on the upside of his performance.
The question now is will the Bears start Foles after seeing their first-round QB Mitchell Trubisky struggle yet again in 2019. Foles plays the mentor role really well, what we might see is him back-up Mitch and step in later in the season if need be.