The Bears have reportedly agreed to release Nick Foles after failing to find a trade
Now, Foles will be a free agent, and it will come with a cost. He carried a $10.67 million cap hit in 2022 after appearing in only one game this past season. By cutting Foles now, the Bears take on a $7.
66 million dead cap hit, but the team will gain $3 million in cap space,Foles, 33, played 10 games over two seasons in Chicago after being acquired in a trade with Jacksonville. Foles has amassed 14,003 yards and 82 touchdowns in 68 games with five teams, most notably the Philadelphia Eagles with whom he led to a victory in Super Bowl LII.
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