5 NFL teams that instantly regretted signing a player to a big contract
When the NFL offseason comes about, fans across the league speculate who their favorite team will be acquiring for the upcoming season and how much itβll cost them. The financial element comes into play, too, when superstars are due a contract extension, and general managers have to determine how much they can afford to spend on key players.
Plenty of massive contracts have been handed out in recent times across the NFL, including Patrick Mahomesβ 10-year $503 million contract, but weβre sure the Kansas City Chiefs have no regrets about that deal.
However, plenty of teams across the NFL have splashed the cash, only for it to blow up in their face. Here are five such cases.
#5 - Jacksonville Jaguars and Nick Foles
After leading the Philadelphia Eagles to their first Super Bowl ring, a game in which he won Super Bowl MVP, quarterback Nick Foles was hot property when he hit the open market following the conclusion of the 2018 NFL season.
The Jacksonville Jaguars picked him up, signing him to a four-year, $88 million contract with $50 million guaranteed. Foles struggled with injuries during his one season in Jacksonville, only starting four NFL games and losing them all.
What made matters worse was that when he finally returned from injury, he was benched in favor of sixth-round draft pick Gardner Minshew.
Foles was eventually traded to the Chicago Bears after the 2019 season, just a year into his four-year deal.
The Jaguars are trading Nick Foles to the Bears after paying him more than $30 million for four starts.
All resulted in losses. readsn.com/2Q4Rd0G
#4 - Seattle Seahawks and Matt Flynn
The Seattle Seahawks picked up quarterback Matt Flynn in free agency in 2012 to a three-year deal worth $20.5 million, with $9 million guaranteed. The issue, however, was that the same year the Seahawks drafted Russell Wilson in the third round of the NFL Draft, and Wilson beat out Flynn as the starter before the season had even got underway.
Flynn threw just nine passes all year and was traded to the Oakland Raiders after a single season in Seattle.