The Dolphins are expected to move on from backup QB Matt Moore and the Cowboys will also be in the market for a backup quarterback.
As of now, Foles stands to count $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 peroration and $1.75 million in base salary.
Overall, the Rams are in a tough position with Foles, seeing as releasing him 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 are 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.