As expected, Nick Foles will force the Philadelphia Eagles to let him walk or slap the franchise tag on him this offseason.
When the Philadelphia Eagles re-structured Nick Foles’ contract during last year’s offseason, we figured that things could get quite confusing. While everybody was under the assumption that the Super Bowl MVP would have a large trade market last year, it turns out that the Eagles weren’t getting any offers that were worth their time to consider. Therefore, the Eagles decided to keep Foles on for 2018 and offer a mutual option for the following year.
Now, it’s time for the Eagles to decide on what they are going to do with Foles, and it’s not going to be easy. As we all know, the Eagles aren’t going to ditch their young quarterback, Carson Wentz. Even though Wentz could reel in a ton of assets via trade, the Eagles would be foolish to give up on him for a 29-year-old career backup, who hasn’t proven that he could consistently produce at a high level for an entire season throughout his seven-year career.
At this point, the Eagles have made it clear that they want to gain something in return for Foles. As NFL Network’s Ian Rapoport reported over the weekend, the Eagles intended on picking up Foles’ 2019 option, in an attempt to trade him for at least a third-round pick, which would likely be the comp pick that the Eagles receive if Foles walks.
Instead, they would just get the comp pick a year earlier via trade. On Tuesday night, the team officially informed Foles that they were going to pick up the option, and not too long after, Foles’ representatives told the Eagles that they were going to void the option with the $2 million buyout, as expected.
What’s the next move for the Eagles?
The Eagles have one of two options moving forward. The first option would be to simply let Foles walk, and just wait for the comp pick in 2020. Slapping a franchise tag on Foles could be a bit of a headache, especially if there are no trade offers incoming that are really worth the Eagles time. At this point, it seems like the Eagles would only realistically franchise tag Foles if they actually have a deal in place with another team.
The Eagles will have a bit of time to make a decision. At the moment, they aren’t able to do anything regarding Foles until February 19th. Once that date comes up, the Eagles are eligible to slap the tag on him if they choose to do so. The window for that option closes on March 5th though. So if the Eagles don’t tag Foles by the fifth of March, he will be able to entertain offers from quarterback-needy teams as soon as free agency opens up. Buckle up, Eagles fans.