Foles a backup?

[AlwaysSunnyinIndy]

Originally Posted by Ironshaft

This is the move that makes me believe that team leadership believes that our roster is ready to contend.

You don't sign this type of deal if you still think you are a year or two away.

Still waiting to see the contract details.

Earlier this afternoon, some dude who contributes to the PFF and OvertheCap websites tweeted that he had a "source" that said the Colts were going to pay Foles $2.5MM this year.

Haven't seen any national pundits yet confirm those details.

[Butter]

https://mobile.twitter.com/pff_brad/...htVhGzJHFpLy8g
Per source, Nick Foles will earn $2.5M in 2022 from the Colts. So the Bears will receive a $1M credit at the end of the season for Foles' $1M in guaranteed salary (pretty much a foregone conclusion)

In effect, reduces the total dead cap for the Bears on Foles for 2022 to $6.67M

All I have seen about his contract so far.

[Hoopsdoc]

So we’ll have two quarterbacks on the roster better than anything we had last year.

Nice.

[ChaosTheory]

Nice luxury to have. I hope I never see him unless it's 6:00 left in the 4th and we're up by 24.

[AlwaysSunnyinIndy]

Here are some more contract details:

https://twitter.com/FieldYates/statu...12910697488384

Nick Foles' 2-year deal with the Colts includes a base salary of $2.5M in 2022 (with a cap hit of $2.6M) and base salary of $3.5M in 2023 (cap hit of $3.6M).

Foles already earned a fully guaranteed $4M roster bonus from the Bears, meaning he takes home at least $6.5M in cash this year.

[Butter]

Seems like reasonable cap hits for a quality backup QB.