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Nick Foles Released from Bears Contract After Failing to Find Trade Partner

The Chicago Bears have released quarterback Nick Foles, according to his agent Justin Schulman.

Mike Garafolo of NFL Network relayed the news.

Mike Garafolo

The <a href="https://twitter.com/hashtag/Bears?src=hash&amp;ref_src=twsrc%5Etfw">#Bears</a> have agreed to release QB Nick Foles, his agent Justin Schulman confirmed. The team’s new regime decided to allow Foles to find his next home rather than continue to search for a trade partner. “Ryan Poles did the classy thing and Nick appreciates it,” Schulman said.

Foles will account for $6.667 million in dead cap space, per Aaron Leming of Bear Report and Windy City Gridiron.