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Rams Release QB Nick Foles After No Trade Surfaced

Mike Garafolo of NFL Network reports that the Rams are expected to release veteran QB Nick Foles after a trade never materialized.

  • Garfolo adds that Foles requested to be released and the Rams obliged.
  • According to Ed Werder, Foles agreed to accept a lower guaranteed salary in order to be granted his release and sign with a team of his choosing.

Recent reports mentioned that Los Angeles was still hoping to find a trade partner, but it was going to be tough to locate a team willing to part with an asset in return for a guy who was expected to be released all along.

As of now, the Jets are really the only team in the market for a quarterback, and it’s clear that their preference is to re-sign Ryan Fitzpatrick. However, it’s possible they could have interest in Foles and maybe use him to gain some leverage with Fitzpatrick.

If the Rams were able to find a trade partner, they would have picked up $6.75 million in cap space and just $2 million in dead money.

Foles, 27, came over in a trade from the Eagles that sent 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.

According to OverTheCap.com, releasing will free up $800,000 in available cap space while creating $8 million in dead money.

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.