Report: Eagles expected to pick up Nick Foles' $20M option

PHILADELPHIA (FOX 29) - The Eagles are expected to pick up the $20 million option for quarterback Nick Foles, according to NFL insider Ian Rapoport.

It is not certain if Foles would choose to remain with the Eagles since he can opt out of the $20 million option. Should he choose to opt out, that would cost him $2 million. The Eagles would then place a franchise tag on him, giving them the opportunity to trade him.

NFL teams interested in Foles could offer as high as a third-round draft pick for him, according to reports.

Feb. 19 is the first day for franchise tags.

The Eagles have offered no comment on the reports.

Monday marks one year since their Super Bowl LII victory.