Mike Garafolo of FOX Sports reports that the Chiefs are likely to pass on picking up QB Nick Foles‘ option for the 2017 season, which will make him an unrestricted free agent next month.
The Chiefs have limited cap space to work with as they’re trying to retain both S Eric Berry and DT Dontari Poe, so there had been talk that they could move on from Foles and take the cap savings.
Foles should be an interesting free agent quarterback option for teams to consider, as it’s possibly a team could look to pair him with a quarterback prospect next season.
Foles, 28, is a former third-round pick of the Eagles back in 2012.ย Philadelphia traded Foles to the Rams back in 2015 in deal for QB Sam Bradford and he later signed an extension with the Rams.
Unfortunately, Foles lasted just over a year with the Rams before he was released last summer. The Chiefs later signed him to a two-year, $12.5 million contract, which includes a $6.75 million option for the 2017 season.
In 2016, Foles appeared inย three games and threw for 410 yards while completing 65.5 percent of his passes to go along with three touchdowns and no interceptions.
Looking for the latest NFL Insider News & Rumors?
Be sure to follow NFL Trade Rumors on TWITTER and FACEBOOK for breaking NFL News and Rumors for all 32 teams!