Florio’s source added that even if Foles is with the team for training camp, he’ll definitely will not be on the team for the start of the season.
However, Foles’ contract leaves him as a less appealing trade option, even though there are a few teams in need of a quarterback.
Foles counts $8.75 million against the Rams’ 2016 salary cap, which breaks down to a $6 million roster bonus that is guaranteed, $1 million of signing bonus proration and $1.75 million in base salary.
Beyond that, releasing Foles would result in a cap hit of $8 million, and designating him as a post-June 1 release would only reduce this figure to $7 million.
If the Rams were able to find a trade partner, they would pick up $6.75 million in cap space and just $2 million in dead money, but you can bet teams wouldn’t be willing to include more than a late-round pick for him.
Foles, 26, 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.
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.