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Marcedes Lewis Says Jaguars Shouldn't Break Bank For Nick Foles

Jacksonville legend Marcedes Lewis says the Jags would be a great fit for Nick Foles ... but tells TMZ Sports the price has to be right, saying the deal should be worth just $16-$17 mil per year.

Of course, Foles is set to hit the open market next week after the Eagles decided to let the QB walk... and Jacksonville has already become the favorite to land the former Super Bowl MVP.

In fact, some reports have indicated the Jags are so high on him ... he could command a $20-plus MILLION deal per season.