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Chiefs Sign Veteran QB Nick Foles

Mike Garfolo of NFL Media reports that the Chiefs have signed QB Nick Foles to a contract.

  • Adam Schefter reports that Foles receives $1.75 million in 2016 and the contract includes a team option that can be worth between $6.75-$16 million based on Foles’ play in 2016.
  • Ian Rapoport reports that Foles had offers from the Cowboys and Vikings, but elected to sign with Kansas City.

This comes just hours after Adam Schefter reported that the Chiefs had emerged as a “sleeper team” that is now vying to sign Foles.

Many assumed that the Cowboys were the likeliest team to sign Foles now that they’ve lost Kellen Moore for the season. However, reports from earlier in the day mentioned that there were other suitors for him.

Foles gets to work with his former HC Andy Reid in Kansas City and backup Alex Smith. It’s likely Foles will sign a one-year deal and look to test the open market again in 2017.

Foles, 27, is a former third-round pick of the Eagles back in 2012. After three years in Philadelphia, Foles was sent to the Rams in a trade from the Eagles that shipped Sam Bradford” href=”http://www.pro-football-reference.com/players/B/BradSa00.htm?utm_campaign=Linker&utm_source=direct&utm_medium=linker-www.nfltraderumors.co” target=”_blank” rel=”nofollow”>Sam Bradford to Philadelphia. He had one year remaining on his rookie contract when the Rams signed him to a two-year, $24 million extension back in August of last year.

In 2015, Foles completed 56.4 percent of his passes for 2,052 yards, seven touchdowns and 10 interceptions. Pro Football Focus has him rated as the No. 36 quarterback out of 37 qualifying players.

We had him featured in our Best Available Free Agents list.

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