Comparing Nick Foles contract to other veteran QBs

Now that we know how much the Nick Foles contract is, how does he compare to other NFL quarterbacks?

When the Nick Foles contract was announced, many Chicago Bears let out a sign of relief. What was assumed to be a new $16 million cap hit in 2020 was cut in half to $8 million due to the extension that will essentially have $8 million hits over three years.

With the reduction, he went from a salary cap burden that had to get a fair shake at starter, to a quarterback ready to compete to be a starter.

There are plenty of quarterbacks in the price range of Nick Foles, but they are on rookie salary contracts. When looking at quarterbacks on veteran salaries in that price range, Tyrod Taylor and…