Bears Actually Did Something Smart in Restructuring Nick Foles' Contract After Trade
By Michael Luciano
The Chicago Bears inherited one of the worst contracts in NFL history when they traded a fourth-round pick to the Jacksonville Jaguars for quarterback Nick Foles.
Mitchell Trubisky's newest competition arrived in town on a four-year, $88 million deal, but the Bears took steps to minimize the impact of this albatross deal. After restructuring the contract, Foles has the ability to void his contract after either of his first two seasons with the Bears depending on how he plays.
Nick Foles already has restructred his contract with the Bears, per source. He still has three years left, still has $21 million guaranteed left, but Foles now has the ability to void the deal after either of the first two years depending on his performance. Deal includes upside.
— Adam Schefter (@AdamSchefter) March 18, 2020
Foles started in just four games last year for the Jaguars, losing all four while throwing just three touchdown passes. After injuries and poor performances, Gardner Minshew was named the team's starter, and his 6-6 record combined with 21 touchdown passes proved that he was clearly the better option.
Foles will still cost the Bears a lot of money, but Chicago is hopeful that they can either inspire Trubisky to dig deep and have a breakout season or replace him with a competent veteran in Foles.
The Jaguars are trading Nick Foles to the Bears after paying him more than $30 million for four starts.
— Sporting News (@sportingnews) March 18, 2020
All resulted in losses. https://t.co/ThWwk3EWcz
Foles vs Mitch Trubisky isn't the quarterback competition most head coaches want, but it's the hand Matt Nagy has been dealt. Hopefully this trade forces one of them to turn back the clock to 2017-18 and emerge as a quality starter.