JACKSONVILLE – The Nick Foles era in Jacksonville is over. Officially.
Foles, designated the Jaguars' franchise quarterback a little more than a year ago, has been traded to the Chicago Bears for a fourth-round selection in the 2020 NFL Draft. The move was agreed-upon earlier in the week and announced by the teams Tuesday in accordance with NFL rules.
The Jaguars will receive the Bears' compensatory selection in Round 4, the No. 140 selection overall.
"We appreciate Nick's contributions to our organization over the past year," Jaguars General Manager David Caldwell said in a statement. "We wish him and his family the best in Chicago."
Foles, who signed with the Jaguars as an unrestricted free agent from Philadelphia Eagles last March, played in four games with the team. He sustained a broken clavicle 11 plays into a season-opening loss to the Kansas City Chiefs, then played just three of the team's remaining games.
Foles, who was named Super Bowl Most Valuable Player for the Eagles following the 2017 season, missed eight consecutive games after his Week 1 injury last season. He started Games 10-12 – all of which were Jaguars losses – before being permanently replaced in the lineup by then-rookie quarterback Gardner Minshew II.
Foles, 31, who went 0-4 as a starter last season, completed 77 of 117 passes for 736 yards and three touchdowns last season with two interceptions.
Foles' trade saves the Jaguars about $3 million against the 2020 salary cap, and is expected to save the team an estimated $21.5 million against the '21 cap.