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NFL Insider Has Update On Eagles' Plan For Nick Foles

nick foles throws a pass against the washington redskins

LANDOVER, MD - DECEMBER 30: Nick Foles #9 of the Philadelphia Eagles looks to pass against the Washington Redskins during the first half at FedExField on December 30, 2018 in Landover, Maryland. (Photo by Will Newton/Getty Images)

The Philadelphia Eagles rode the wave of Nick Foles magic to a Super Bowl title last season and another playoff win this year. However, Foles' second stint in the City of Brotherly Love will be ending soon.

The Eagles have already made it clear that Carson Wentz is their quarterback of the present and future. Foles is set to hit free agency, and looks like one of the best options in a thin veteran QB market.

Philadelphia could technically pick up Foles' $20 million option for next year, franchise tag him and attempt to find a trade partner so they at least get some compensation for him.

However, a new report from Cecil Lammey of 104.3 The Fan in Denver, indicates that the Eagles might be more inclined to simply let Foles walk.

The reason for doing so would be strictly financial.

If the Eagles don't pick up Foles' option, they will save $20 million in cap space. That could be critical for a team that has some tough decisions to make regarding player contracts in the near future.

Once Foles hits the open market, a number of teams will have interest in him, including potentially the Jacksonville Jaguars and Denver Broncos.

[ 247 Sports ]