Nick Foles gets more than $45 million fully guaranteed at signing

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Nick Foles didn’t necessarily break the bank in comparison to other quarterback contracts, but he sprained the hell out of it.

Foles’ new contract with the Jaguars pays $45.125 million fully-guaranteed at signing, and the structure of the deal makes the remaining $5 million in injury guarantees as a practical matter fully guaranteed.

Here’s the breakdown of the contract:

1. Signing bonus: $25 million.

2. 2019 salary: $5 million, fully guaranteed.

3. 2020 salary: $15.125 million, fully guaranteed.

4. 2021 roster bonus: $5 million, guaranteed for injury at signing, fully guaranteed if Foles is on the roster on the third day of the 2020 league year.

5. 2021 salary: $14.875 million.

6. 2022 salary: $20 million.

7. 2019-2022 per-game roster bonuses: $31,250 (up to $500,000 per year).

The contract includes up to $3.5 million per year in incentives based on playing time, making the playoffs, making the Pro Bowl, winning NFL MVP, and being named Super Bowl MVP.

Without per-game roster bonuses, the deal has a base value of $85 million over four years ($21.25 million per year). If he’s on the 46-man roster for all 64 regular-season games, the deal becomes worth $87 million ($21.75 million). The maximum value of the deal (if he earns all incentives, an extreme long shot) is $101 million.

The practical guarantee is $50.125 million because the Jaguars can avoid the $5 million roster bonus only by cutting him after one season, which would mean that he will have received $45.125 million for one year with the team. Which surely won’t happen, even though the Jags cut quarterback Blake Bortles after only one year of his most recent deal.

31 responses to “Nick Foles gets more than $45 million fully guaranteed at signing

  1. As an Eagles fan i am happy for Nick Foles. As long as they don’t expect Nick to carry the team he should be a decent starter. If Nick has to carry the team, then things might not work out as well.

  2. He could be a bargain if they build the offence around his style of play (RPO’s) and quick pass plays. If Fournette/Yeldon play the way they should and get Foles a decent TE, he will be a bargain.

  3. His agent did well for him considering the Jaguars were basically bidding against themselves. A two year deal like Keenum got from Denver last year was what I thought he’d get in this market.

  4. @eagleswin
    I simply don’t get you delusional iggles fans.
    How EXACTLY has this guy failed you? And
    WHY exactly do you think Wentz can “carry” a team better?
    Let’s see..
    2018 – Went Hurt, Foles leads them to their first SB win and is MVP.
    2019/- Wentz drinks it up early Eagles out of playoff contention. Went hurt AGAIIN, Foles takes over and leads them to playoffs.

    What did I miss here?

  5. Couldn’t happen to a nicer guy. As an Eagles fan, except for head-to-head matchups, wish him and the Jags the best.

  6. Him leaving just made Wentz a better Qb as well. Competition can be a great thing and is, But it can also be a distraction where one shouldn’t even be one. No more media nor fans drama and non stop BS whom the starter should be. Foles is no more then a relief qb. He can not nor never could carry a full load. He will be exposed as he is over paid!

  7. So let me get this right eagles fans. Foles when on your team is the best qb ever to play better than Tom Brady. Now that he leaves he sucks and can’t carry the load and is just a relief quarterback. Just trying to make sure I understand. All I heard last year is how great he is and he will win you guys a second super bowl. Now he is hot garbage.

  8. So practical guarantees do count? Just confused, because you keep insisting they didn’t count on the offer Bell received from the Steelers. But only to make your case the Jets offer was better.

  9. If Bortles had taken his job seriously instead of focusing on the night life he could have gotten a contract like that. I guess he didn’t think about wasting away his 3-year $54M contract. I bet now he wishes he had at least tried to get better instead of goofing off the entire time he was with Jax. All he did was say how hard he worked in the off-season every year but it sure looked like the same Bleak Bortles. Maybe he was talking about working hard on his tan.

  10. Great guy, happy for him, what does this salary do to the Jags moving forward; ability to resign anyone or ability to bring anyone significant in as aFA. Seems like a better win now scenario, how about the long term.

  11. He’s a middle of the road QB and is making middle of the road QB money at about $22 mill/year. After 2 years, he’ll likely go from the 11th highest paid QB to probably 16-18th. If cut after 2 years, he’ll have been paid about $25 mill/yr which is the going rate.

    It’s not a cap crippling deal at all, the part that hurts is the $15.6 mill Bortles cap hit added on.

  12. 2019/- Wentz drinks it up early Eagles out of playoff contention. Went hurt AGAIIN, Foles takes over and leads them to playoffs.

    What did I miss here?

    You missed the part where foles started last year and looked nothing like a starting caliber QB.

  13. That’s a horrible deal especially considering his market wasnt all that hott this off-season, the Jaguars were practically negotiating against themselves. Terrible deal. Look up the definition of average QB and you’ll see Foles picture. Terrible deal. I definitely would not have agreed to giving him that much money.

  14. No clownbaby
    Get your facts straight.
    WENTZ “started last year”

    Remember?

    I remember week one when the eagles played the falcons foles started. You might want to go refresh your memory

  15. whenwilliteverend says:
    March 23, 2019 at 8:38 pm
    If Bortles had taken his job seriously instead of focusing on the night life he could have gotten a contract like that. I guess he didn’t think about wasting away his 3-year $54M contract. I bet now he wishes he had at least tried to get better instead of goofing off the entire time he was with Jax. All he did was say how hard he worked in the off-season every year but it sure looked like the same Bleak Bortles. Maybe he was talking about working hard on his tan.

    With the way society is today, the “night life” you speak of would be substantiated with pics. There are none, so please explain…

  16. 2ruefan says:
    March 23, 2019 at 9:55 pm
    No clownbaby
    Get your facts straight.
    WENTZ “started last year”

    Remember?

    ————–

    Actually, Foles started Week 1 versus Atlanta and Wee 2 versus Tampa Bay and looked very mediocre in both games. The Eagles went 1-1 in that time.

    Facts are things.

  17. Practical guarantee, huh?

    Like how $45M was “practically” guaranteed to Bell and he said it’s not “fully” guaranteed, so he decided to lose $14.5M and proceed to take a lesser overall deal with more “fully” guaranteed money.

    Funny how it works with some and not others.

  18. He’s not that good and the contract shows that quarterback is overpaid based on the economic of the league. Some kind of rule should be implemented to prevent marginal ( yes he is average) from being paid too much.

  19. he seems like a really smart, nice guy but im not sure how his skill set is actually going to help jacksonville improve in the standings. they have a serious lack of talent for nick right now. hes going to be called on to create offense with marginal, at best, skill players, not play within a well scripted system that plays to his strengths. there’s no zach ertz safety valve 10 times a game anymore.

  20. Hey, Doubters …
    Just check Gruden’s QB Camp with Foles, he told Gruden in response to the question Gruden:”Why do I want Nick Foles as my quarterback?”
    Foles: (Didn’t hesitate) “Because I’ll make the team better!”

    He was right then, he is right now. He does make your team better. The only thing that changed was that during his period in StL, Jeff Fisher set the records for most losses by a coach in NFL regular season history. Foles got better and better, and when he steppe don the field, the team played better. Congratulations Jacksonville, see you in playoff contention.

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