PHILADELPHIA -- Nick Foles was quick to void his 2019 option year with the Philadelphia Eagles and is wasting no time ponying up $2 million as part of that buyout.
According to a source, the payment was being taken care of Wednesday, one day after Foles opted out.
The Eagles officially notified Foles that they were exercising the $20 million option in his contract Tuesday evening. Within minutes, Foles informed the team that he was voiding the option, a source told ESPN's Adam Schefter.
According to the language in the contract, Foles had to pay $2 million to the Eagles via cashier's check by Feb. 16 -- the 25th day prior to the start of the new league year. But it already has been taken care of.
The $2 million from Foles will offer the Eagles cap relief in the form of salary credited or refunded in 2019.
The team still has the option of placing the franchise tag on Foles and intends to do so in an effort to then try to trade him, sources on other NFL teams who have been in touch with Philadelphia told Schefter.
so Foles will either be a free agent or have a high $$$ franchise tag that may actually be too high for the Eagles to trade him
* EDIT - to change thread title