The Jaguars Paid Nick Foles A Lot Of Money To Sign Him–But Did They Need To?

ByJoey Heldon March 18, 2019inArticles›Sports News

After two seasons of late and postseason heroics in Philadelphia, Nick Foles is getting a chance to start from Week 1. The Super Bowl LII MVP is joining the Jacksonville Jaguars, a team that was minutes away from squaring off against Foles and the Eagles two years ago.

The deal is worth $88 million over four years, with $50 million guaranteed. Per the NFL Network’s Mike Garafolo, Foles can earn up to $102 million with incentives.

The move hardly comes as a surprise. The Jaguars are ready to move on from Blake Bortles . And after the team signed Foles’s former quarterbacks coach John DeFilippo in January, a move was all but imminent.

That’s what makes the value of the contract so interesting. Foles will make an average of $22 million over the next four years. By comparison, Bortles (who’s getting released once the Foles signing is official) signed a three-year extension worth about $18 million per year last offseason.

The Jaguars Paid Nick Foles A Lot Of Money To Sign Him - 1

Patrick Smith/Getty Images

At $22 million, Foles is the 11th-highest paid quarterback in terms of average salary per year. That’s not outrageous, but it’s more than guys like Russell Wilson , Ben Roethlisberger , Philip Rivers , Cam Newton , and Tom Brady .

It’s also quite a bit of money for a 30-year-old quarterback that’s been inconsistent over the years. While he found success during his second stint in Philadelphia, he’s never started all 16 games during a season.

Foles had never completed more than 65.5 percent of his passes before this year. He’s also shown a propensity for fumbling, coughing the ball up 31 times in just 54 games.

The Jaguars said they wanted to give Foles a “respectable starting quarterback contract,” per Garafolo. But they just did that with Bortles a year ago – and that didn’t turn out well. It’s entirely possible that this signing hurts the Jaguars and they have millions of dollars wrapped up in a quarterback they ultimately release.

Then again, maybe Foles goes to Jacksonville and continues playing well. It’s not like the Jaguars can get much worse under center. Having a quarterback with big game experience, paired with a defense that still has lots of solid pieces, might just be enough to get Jacksonville to its first-ever Super Bowl.

  • Nick Foles Net Worth
  • The Eagles Are Letting Nick Foles Enter Free Agency – How Much Money Can He Make?
  • Nick Foles Could Make A Ton Of Money Over The Next Few Weeks
  • The Combined 2018 Salary Cap Hit For Nick Foles And Carson Wentz Is Less Than 19 Other Quarterbacks
  • 10 Highest-Paid NFL Players Of The 2019-2020 Season
  • Eli Manning Wants To Be The Highest-Paid Quarterback In The NFL, And It Could Happen

Nick Foles Could Make A Ton Of Money Over The Next Few Weeks

ByJoey Heldon December 22, 2018inArticles›Sports News

Nick Foles helped lead the Philadelphia Eagles to a Super Bowl last season. He was a local hero and even started the first two weeks of this year. Once Carson Wentz returned from injury, though, Foles went back to the bench.

But now, Wentz is back on the injured list, and Foles has a chance to shine once again. And he just may earn millions of dollars in doing so.

The Eagles announced Wentz has a stress fracture in his back, an injury that could keep him sidelined for three months. That likely means Foles will start in every game left for the Eagles this season.

After the team’s Super Bowl victory, it restructured Foles’s contract to be more incentive-based. Though he’ll earn $9 million in base salary, signing bonus, and roster bonus, he can earn millions more during the final few weeks of the season.

The Jaguars Paid Nick Foles A Lot Of Money To Sign Him - 2

Corey Perrine/Getty Images

Foles will make $250,000 per game simply by starting. With Wentz likely done, that means Foles is already getting $750,000 if he stays healthy. That per game amount doubles if the Eagles win. Foles could potentially make $1.5 million if the team wins out. Add another $250,000 if Foles completes 62.5% of his passes – totally a reasonable goal in the Eagles offense.

On top of that, Foles can make $500,000 more if he plays at least half the snaps in a playoff game.

Despite the team’s struggles this year, the postseason is completely within reach. The Eagles can make the playoffs by winning out and getting to 9-7 while the Minnesota Vikings and Carolina Panthers each lose at least one of their final three games.

If things break perfectly, Foles will take home an extra $2.25 million by the end of the season. Not bad for a month’s work!

  • Nick Foles Net Worth
  • The Eagles Are Letting Nick Foles Enter Free Agency – How Much Money Can He Make?
  • The Jaguars Paid Nick Foles A Lot Of Money To Sign Him–But Did They Need To?
  • Seven NFL Incentives That Players Earned – And Missed – In The Final Week Of The Season
  • Carson Wentz Just Signed A Record-Setting Contract To Stay In Philadelphia
  • Carson Wentz Net Worth