The reigning Super Bowl MVP has himself a new contract. Quarterback Nick Foles and the Eagles have struck agreement on a revised deal, sources tell Mike Garafolo of NFL.com (on Twitter). 
Foles’ new deal includes a mutual option for the 2019 season, giving Foles the opportunity to reach free agency next spring. Originally, Foles was slated to reach the free agency market after the 2018 campaign. The new deal gives him a $2MM signing bonus and several millions in incentives if he’s the starter and hits certain benchmarks, a source tells NFL.com’s Ian Rapoport (on Twitter).
The new pact is about giving him extra compensation in light of his postseason performance and not a reflection of the team’s feeling on Wentz’s recovery, according to Garafolo. The Eagles remain confident that Wentz will be back at 100% this season.
With Wentz on the mend, trade rumors surrounding Foles swirled this offseason. The Eagles, who value Foles and want to have a quality backstop in the event of another Wentz injury, placed a remarkably high price tag on the veteran. Reportedly, the Eagles were seeking more than the first-round pick and fourth-round pick they received from the Vikings in the Sam Bradford deal.
Recent comments from Foles indicated that he would like the opportunity to be a starter again, but the new deal is a reasonable compromise for the QB.
Smart for many reasons.
Little spot bonus. Keeps him happy.
why in the heck did Steak n Shake’s prices go up?
I don’t know but big fan of your posts, they’re hilarious hahaha
Steak n Shake ain’t got nothin on Whataburger!
Good for him, he knows there’s a good chance to showcase his skills on an incredible team and cash out next offseason if he does. If not, he can go back to the Eagles.
I wish the report would indicate exactly what the salary cap implications are with this new signing.
Spotrac has those details including a breakdown of the incentive package.