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

JACKSONVILLE, Fla. (AP) — The Jacksonville Jaguars have a new quarterback, maybe even the franchise passer the team has been missing for nearly two decades.

A person with direct knowledge of the decision says quarterback Nick Foles has agreed to sign a four-year, $88 million contract with the 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.

Guranteed money for Nick Foles in Jacksonville, per source: $50.