The Eagles would then place a franchise tag on him, giving them the opportunity to trade him.
As Ian Rapoport explained, the Eagles will pick up the $20 million option, but Nick Foles could easily buy his way out for $2 million. Foles deserves all the credit for leading his team to a Super Bowl win and making the playoffs again in 2018, but that does not mean he would be a slam dunk in black and teal as we've seen in his time outside of Philly. But the team is not offering a good look now that it's out there they'll use all of their options (and install all the possible barriers) to keep Foles from maximizing his own value, in an effort to get the extra coin-flip proposition of a mid-round draft pick who might stick.
It is not certain if Foles would choose to remain with the Eagles since he can opt out of the $20 million option. Philadelphia won its first-ever Super Bowl following the 2017 season and lost this year to New Orleans in the National Football League divisional round.
Foles, as Rapoport notes, is expected to exercise a buyout, which will make him a free agent and put the onus on the Eagles for their next move.
Virginia governor faces pressure to resign after racist yearbook photo surfaces
Ralph Northam that surfaced Friday has folks in the Commonwealth State, and those around the country, wondering if he'll resign. But he said that on reflection with his family and friends he had concluded that he was not either of the people in the photo.
"Either way, it's a little bit of a game of chicken right now", Rapoport said on "Super Bowl LIVE".
That's why some believe if Foles does intend to become a free agent, that the Eagles should go the compensatory pick route instead because there's too many moving pieces for a tag-and-trade to get done.
Before his injury, Wentz threw for 3,074 yards and 21 touchdowns compared to seven interceptions over 11 starts.