In a decision that’s been expected for some time now, the Kansas City Chiefs are reportedly unlikely to pick up the 2017 option on backup quarterback Nick Foles.
Chiefs likely to pass on QB Nick Foles' option for 2017, making him a free agent-to-be, sources say. Was due $6.4m (not the reported $10.4m)
— Mike Garafolo (@MikeGarafolo) February 15, 2017
Foles signed a one-year, $1.75 million contract with Kansas City last August after being let go by the Los Angeles Rams. That contract included an absurd $10.75 million option for the 2017 campaign. If Kansas City does indeed decide against picking up the option in an official manner, it will save the entire near $11 million against the cap.
This will add another pedestrian veteran quarterback to the free-agent market when March comes calling.
Foles has been nothing but average since jumping on to the scene with Philadelphia back in 2013. After tallying 30 total touchdowns compared to two interceptions that season, he’s posted 23 touchdowns and 20 interceptions in 20 starts for three different teams.