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Broncofan
Joined: 02 Dec 2013
Posts: 3609
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 Posted: Mon Mar 13, 2017 8:57 am Post subject: QB Nick Foles signs 2-year deal with PHI |
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https://twitter.com/AdamSchefter/status/841269247384911873
The only reason why this news interests me - Chase Daniel has a 7m cap hit (5M of his 7M is guaranteed, and a 3M signing bonus last year, so 2M still due for 2017-18 ).
Basically Daniel saves nothing by getting cut - Eagles have to have some type of trade, or an injury to Daniel, to justify re-signing Foles.
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| steelpanther wrote: | | This is like playing checkers with a pigeon. No matter how well you play, sooner or later the pigeon is going to crap on the board, then puff his chest out and strut around like he won something. |
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MemphisEagles
Joined: 11 Nov 2014
Posts: 1772
Location: memphis
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| Posted: Mon Mar 13, 2017 8:59 am Post subject: |
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Yeah I'm thinking Daniel is traded
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Broncofan
Joined: 02 Dec 2013
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| Posted: Mon Mar 13, 2017 9:15 am Post subject: |
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| MemphisEagles wrote: | | Yeah I'm thinking Daniel is traded |
For sure, they save 5M if they can trade him. They save $0 if they cut him.
Only problem is 7M (his guaranteed salary) is pretty high for a backup. Gotta think he's headed to a QB-needy team, and likely on the cheap, given PHI only saves $ with a trade.
PHI could also convert more of the 5M into a bonus pre-trade to lessen the cap hit to the new team and take it themselves, and thus gain a higher draft pick - kinda like what CLE did by taking on the entire cap hit to get a 2nd rounder from HOU - not on the same scale, but if it helps them save some $, and get a pick, makes sense as well.
Without a trade, it's a puzzling move - but I think the more likely scenario is PHI trades him really cheap for a 6th-7th rounder to save the $5M, or they eat more of the $ by converting some of the salary to a signing bonus pre-trade (remember the team that acquires him pays 7M, Phi only saves 2M because of the remaining signing bonus).
Daniel's got to be excited, he certainly won't be starting anytime soon in PHI.
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| steelpanther wrote: | | This is like playing checkers with a pigeon. No matter how well you play, sooner or later the pigeon is going to crap on the board, then puff his chest out and strut around like he won something. |
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SteelKing728
Joined: 23 Aug 2008
Posts: 23563
Location: PGH
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| Posted: Mon Mar 13, 2017 9:42 am Post subject: |
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Nick Foleswalker is back to defeat the evil Darth Prescott and Emperor Jones? this should be exciting!
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BLick12
Joined: 12 Mar 2007
Posts: 31494
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| Posted: Mon Mar 13, 2017 10:09 am Post subject: |
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| We just released Daniel. |
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El ramster
Joined: 13 May 2008
Posts: 64033
Location: Jared Goffs Bed
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| Posted: Mon Mar 13, 2017 10:13 am Post subject: |
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the prodigal son returns.
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BLick12
Joined: 12 Mar 2007
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| Posted: Mon Mar 13, 2017 10:14 am Post subject: |
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| El ramster wrote: | | the prodigal son returns. |
He still might be better than Daniel though, and for a fraction of the price. |
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vike daddy
Joined: 12 Mar 2005
Posts: 82974
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| Posted: Mon Mar 13, 2017 11:00 am Post subject: |
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| BLick12 wrote: | | We just released Daniel. |
So apparently Chase Daniel won’t be traded after all. The Philadelphia Eagles are going to release their 2016 backup quarterback on Monday, according to a report from ESPN’s Adam Caplan:
The Eagles have been working to trade Daniel in recent days to a team that would benefit the veteran signal caller, but both sides felt the decision to release him now was mutually beneficial. The Eagles and Daniel's representatives will work on potentially adjusting his contract to benefit both parties.
http://www.bleedinggreennation.com/2017/3/13/14907420/chase-daniel-eagles-trade-cut-nick-foles-philadelphia-quarterback-espn-report
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tom cody
Joined: 01 Sep 2007
Posts: 13515
Location: Canada
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| Posted: Mon Mar 13, 2017 11:06 am Post subject: |
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Good pickup for the Eagles. Foles had his best yrs. with the Eagles.
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bucsfan333
Joined: 15 Jun 2007
Posts: 38534
Location: the mitten
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| Posted: Mon Mar 13, 2017 11:11 am Post subject: |
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| We had interest and Foles was interested in signing with us. I'd guess he heard what we offered Glennon and wanted something similar. Oh well. We'll probably give Daniels a call. |
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FourThreeMafia
Joined: 28 Sep 2006
Posts: 63655
Location: East of Sixburgh
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| Posted: Mon Mar 13, 2017 11:28 am Post subject: |
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???
Didnt Foles say he was happy to be out of Philly when he left? Maybe he just meant that particular regime under Chip Kelly, but I swore he was a little insulting towards Philly when he left.
Either way, not a bad signing, I guess. He can be decent in spot duty.
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Broncofan
Joined: 02 Dec 2013
Posts: 3609
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| Posted: Mon Mar 13, 2017 1:45 pm Post subject: |
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| vike daddy wrote: | | BLick12 wrote: | | We just released Daniel. |
So apparently Chase Daniel won’t be traded after all. The Philadelphia Eagles are going to release their 2016 backup quarterback on Monday, according to a report from ESPN’s Adam Caplan:
The Eagles have been working to trade Daniel in recent days to a team that would benefit the veteran signal caller, but both sides felt the decision to release him now was mutually beneficial. The Eagles and Daniel's representatives will work on potentially adjusting his contract to benefit both parties.
http://www.bleedinggreennation.com/2017/3/13/14907420/chase-daniel-eagles-trade-cut-nick-foles-philadelphia-quarterback-espn-report |
The thing is, unless Daniels agrees to take a pay cut on his 5M guaranteed salary before release, the Eagles save no $ with Daniel.
Daniel must want a chance to compete badly enough he's willing to walk away from 5M guaranteed this year. Of course, if he takes a 2M pay cut and takes the 3M left as a signing bonus, then any $ he gets from another team he recoups.
What's crazy is that the Eagles took on 7M of guaranteed money with Foles. In addition to the 2M they for sure still owe Daniels from last year's 3M bonus...and there's the matter of the 5M guaranteed salary. Is Foles really that much of an upgrade over Daniel? Guess we need to know what restructure is done before we can answer that, but weird decision.
What I'm rooting for...is for KC to sign Daniel. Then KC will have Daniel, PHI will have Foles. Like they did in 2015. 
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| steelpanther wrote: | | This is like playing checkers with a pigeon. No matter how well you play, sooner or later the pigeon is going to crap on the board, then puff his chest out and strut around like he won something. |
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Broncofan
Joined: 02 Dec 2013
Posts: 3609
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| Posted: Mon Mar 13, 2017 1:47 pm Post subject: |
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| BLick12 wrote: | | El ramster wrote: | | the prodigal son returns. |
He still might be better than Daniel though, and for a fraction of the price. |
Foles got 2 years, 11M, 7M guaranteed.
Daniel had 7M left guaranteed this year, 7M salary (5M guaranteed).
That fraction in terms of guaranteed $ is 100 percent. And actually more, if you factor in that Eagles have to pay the guaranteed $ to Daniels with a release.
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| steelpanther wrote: | | This is like playing checkers with a pigeon. No matter how well you play, sooner or later the pigeon is going to crap on the board, then puff his chest out and strut around like he won something. |
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Nabbs4u
Joined: 28 Jul 2007
Posts: 28998
Location: 1st Ballot Eagles HOF 3x Gold Standard 09' /10 '/11' 2X ENBD/Pick em Winner Kiltman on the Sig
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| Posted: Mon Mar 13, 2017 2:09 pm Post subject: |
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| Quote: | | Sounds like they will come to some agreement where they'll get more cap space back. According to BGN Eagles had a trade in place but not for a team he wanted to go to so he'll give some $ back to get cut and control where he goes. |
We'll see.
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TheRealMcCoy
Joined: 12 Aug 2011
Posts: 15498
Location: Inland Empire
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| Posted: Mon Mar 13, 2017 3:29 pm Post subject: |
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| Broncofan wrote: | | The thing is, unless Daniels agrees to take a pay cut on his 5M guaranteed salary before release, the Eagles save no $ with Daniel. |
Daniel was set for a cap hit of 8 million this year. Cutting him means we have a cap hit of 7 million.
So, we actually save 1 million. I mean its close to nothing though. |
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