Foles to Jags for $88M, $50M guaranteed

Not long after the Eagles said Foles would become a free agent, there were reports that Foles would land in Jacksonville (whew, good thing there's no tampering anymore), and that's exactly what happened Monday, the first day teams were allowed to contact free agents.

That's why we think the Jaguars should absolutely still draft a quarterback early next month, ideally with the seventh overall pick, assuming they deem there's one worth that investment.

Just hours into the National Football League free-agent tampering period, the Jacksonville Jaguars will reportedly sign former Super Bowl MVP Nick Foles.

Foles can not sign the contract until the NFL's new league year begins 4 p.m. Wednesday. According to ESPN's Adam Schefter, Foles will get more than $50 million guaranteed.

Spelling the injured Carson Wentz, Foles led the Eagles into the playoffs in consecutive seasons and was the MVP in Super Bowl LII when the Eagles defeated the New England Patriots for their first ever title.

The Jaguars are reportedly expected to release quarterback Blake Bortles when Foles signs with the team.

Foles was the Jaguars' top target and the contract shows they're clearly committed to him as their starter beyond 2020. After one season as the Rams' starter, he moved to Kansas City, where he rejoined former Eagles coach Andy Reid to serve as the backup to Alex Smith.

But the division rival Jacksonville Jaguars were willing to take the plunge, signing the signal-caller to what many termed an "outlandish" 4-year, $88M contract. A statue of Foles was erected outside the Eagles' stadium celebrating the "Philly Special" play call in the Super Bowl. In 13 games, Bortles threw for 2,718 yards with 13 touchdowns and 11 interceptions.

Vanessa Coleman