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Source: Nick Foles to sign 4-year, $88M deal with Jaguars

JACKSONVILLE, Fla. (AP) — A person with direct knowledge of the decision says quarterback Nick Foles has agreed to sign a four-year, $88 million contract with the Jacksonville Jaguars.

The person spoke to The Associated Press on condition of anonymity Monday because the deal cannot become official until free agency opens Wednesday. The person says the deal includes $50.125 million guaranteed and could be worth up to $102 million with incentives.

NFL Network first reported the deal.

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Foles, a former star at Austin Westlake, replaces flawed starter Blake Bortles, who threw 103 touchdown passes in five seasons but was known more for inaccuracy and inconsistency that led to Jacksonville's offensive instability.