Philadelphia is mulling the franchise tag in hopes of investing Foles exterior of the NFC East. But the go could backfire if Foles will not sign in other places.
Are the Philadelphia Eagles prepared to shell out quarterback Nick Foles roughly $25 million for one year to retain him from driving north on the Jersey Turnpike?
Keeping Foles from the division-rival New York Giants — assuming the Giants determine to go on from Eli Manning — appears to be the greatest thing to consider as the Eagles toy with the concept of putting the franchise tag on him. In accordance to two NFL resources, Eagles Common Manager Howie Roseman is thinking about that concept just after an trade of moves that could probably go away Foles as the top free of charge agent quarterback on the industry following month.
The Eagles imagine there’s a sturdy chance the Giants will portion strategies with Manning and attempt to sign Foles if Foles hits the industry.
On Tuesday, the Eagles exercised the $20 million alternative on Foles’ agreement for the 2019 period. In switch, he exercised the $2 million buyout of that period. Philadelphia now has the alternative to put the franchise tag on Foles, guaranteeing him roughly $25 million for one period in hopes of investing him to a further group.
There’s just one dilemma with doing that: Foles would likely have to cooperate with the process. Any group wanting to trade something of substance (even as little as a 3rd-round decide) would want to sign Foles to a extended-time period agreement. Which is in which Foles’ leverage arrives into engage in.
If the Eagles put the franchise tag on Foles, he signs it and then refuses to concur to a new offer, the Eagles could be trapped with Foles on the roster for one year at $25 million. That would force Philadelphia to make a variety of hard income cap selections just to retain a backup quarterback.
Or as one NFL executive indicated Wednesday: “I feel Howie is overthinking this. If you put the franchise tag on (Foles), that implies he and the agent are heading to feel $25 million a year is the beginning stage for a negotiation and that’s heading to be way too superior in my belief. I feel his industry is far more in the $22 or $23 million assortment (on a yearly basis) … Howie could get trapped with him at $25 million for one year.”
The Eagles are roughly $4 million about the projected income cap of $191 million for the 2019 period. Including $25 million for Foles would force the group to cut players this kind of as still left tackle Jason Peters, defensive tackle Timmy Jernigan, safety Rodney McLeod and large receiver Nelson Agholor.
Any group getting Foles would have to fulfill two needs for him. Initially, it would have to be a group prepared to shell out Foles what he wants. 2nd, it would have to be a group Foles wants to engage in for. Provided that Foles virtually quit football 3 decades in the past just after a negative expertise with the St. Louis/Los Angeles Rams, he is likely unwilling to engage in for only any group that transpires to get him.
At the same time, the list of teams interested in getting a quarterback this offseason could be fairly confined. The Giants, Jacksonville, Miami and Washington (in which Alex Smith is envisioned to skip following period) have the most fast needs for a quarterback. Washington’s will need is likely to be tempered by the truth that Smith could return in 2020. In addition, probably Denver, Cincinnati and Oakland could be in the industry relying on how they look at their recent starters when compared to Foles.