Saturday’s news that the Philadelphia Eagles will pick up the $20 million option on quarterback Nick Foles and then try to trade the veteran quarterback pretty much guarantees Foles won’t be playing for the New York Giants next season.
From Super Bowl Live: The #Eagles are expected to pick up the $20M option for QB Nick Foles, sources say. Not a surprise, but an important piece. What happens next will be intriguing. pic.twitter.com/FOpLeAhQu1— Ian Rapoport (@RapSheet) February 2, 2019
By making this move, the Eagles keep Foles from heading directly to free agency and give themselves an opportunity to get something in return.
Per Ian Rapoport, Foles could exercise a $2 million buyout, but the Eagles could counter by using the franchise tag on Foles and then still holding his rights so they could then trade him. The Eagles would get only a compensatory pick if Foles went directly to free agency.
As far as the Giants are concerned, all of that means Foles is not coming to New York. The Eagles are almost certainly not trading Foles within the NFC East, meaning the only way the Giants would have a chance at Foles — if they wanted him — would be via free agency.
That doesn’t seem likely to happen.