I am sorry if someone else already said this, but it seems to me that many here do not understand 'leverage'
Foles is earning next to nothing for a starting NFL QB, especially considering he is a pro-bowl QB who (statistically) compiled one of the best seasons in NFL history
If we do not extend him, then where ever he resides in 2016 he will be earning substantially more than at present. However, he will have lost a full year's 'potential' earnings in 2015... So it is very much in his own interest to sign an extension, even if it is below his possible market value in 2016
The Rams hold all the cards... and if I am not mistaken, extending Foles later in the offseason will commute any cap charges... expect a deal, because it is everyone's interest.... whereby most of his potential earnings are 'incentive' based....
http://www.cbssports.com/nfl/eye-on...ew-contract-rightly-pays-him-like-2nd-tier-qb
'the devil, as they say, is in the details:
A closer look at Dalton's contract suggests the Bengals paid him like a second-tier quarterback, which, frankly, is exactly what he is. The deal includes a $12 million signing bonus and $17 million guaranteed.
As CBS Sports NFL Insider Jason La Canfora noted, all of the fully guaranteed money comes in the first year of the deal. Dalton will make $18 million guaranteed this season and $22 million by February.
Beyond that, the contract is essentially pay as you go. The team will have protections from a cap and cash standpoint should they choose to move on after a few years. In the meantime, Dalton gets a life-altering chunk of money within the first 6-7 months of signing the deal'