Eagles & QB Nick Foles Agree To Revised Contract, Worth Up To $23M In 2018

Update:

Here’s are some more updates regarding Nick Foles‘ revised contract with the Eagles.

• Ian Rapoport adds that Foles can make up $14 million in playtime, playoffs and Pro Bowl incentives. He received a $3 million roster bonus and a $2 million signing bonus as part of the agreement and will make a $4 million base salary.
• Mike Garafolo points out that Foles’ deal is now worth up $23 million and the Eagles get the opportunity to pick up Foles’ 2019 option worth $20 million. However, Foles has the ability to return the $2 million signing bonus he received for the right to test the free agent market.
• Garafolo adds that Foles gets $250,000 for each game he plays in and it doubles to $500,000 if they win the game.

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Mike Garafolo of NFL Media reports that the Eagles and QB Nick Foles reached agreement on a revised contract for the 2018 season on Friday.

• According to Garafolo, the contract includes a mutual option for the 2019 season, which ensures that Foles still has the chance to hit free agency next spring.
• Garafolo says that the Eagles wanted to reward Foles for helping them win the Super Bowl last year and is not a reflection of their feeling regarding Carson Wentz‘s recovery from a knee injury. Philadelphia reportedly remains confident Wentz is working his way back.
• Ian Rapoport adds that Foles receives a $2 million signing bonus and several millions in incentives if he’s the starter and hits various benchmarks.

There was a lot of talk about whether the Eagles would trade Foles this offseason, but this is just the latest indication that will remain with the team for the 2018 season before becoming an unrestricted free agent next year.

Foles, 28, is a former third-round pick of the Eagles back in 2012. Philadelphia traded Foles to the Rams back in 2015 in a 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 and later signed by the Chiefs. The Eagles signed Foles to a two-year, $11 million contract that includes $7 million guaranteed this past March. He stands to make a base salary of $1 million this season and another $4 million in 2018.

In 2017, Foles appeared in seven games and completed 56.4 percent of his passes for 537 yards, five touchdowns and two interceptions. Beyond that, Foles led an impressive playoff that culminated in a Super Bowl title and him being named Super Bowl MVP.