According to NFL Insider Cecil Lammey, it sounds like Eagles will let Nick Foles walk “free and clear.”
According to sources, it sounds like #Eagles will let Nick Foles walk free and clear. Not enough space for tag and trade scenario. Will get 3rd compensatory for him. @1043TheFan – might influence #Broncos interest IMO
— Cecil Lammey (@CecilLammey) January 28, 2019
If Eagles do indeed let Foles walk, they will receive a 3rd-round compensatory pick.
To franchise tag the 30-year-old, it would cost the Eagles $21 million. They could also exercise his option for $20 million.
But there is really no reason for the Eagles to pay a backup quarterback $20 million unless they plan on getting assets via trade.
Odds on Nick Foles next team can be found here.
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