The Jaguars have reached a 4-year deal with QB Nick Foles. ESPN's Adam Schefter reports it's a 4-year, $88 million pact with $50.125 million guaranteed. That's obviously a pretty serious commitment. We'll see how long it takes Jacksonville to realize that the 30-year-old Foles isn't really an upgrade over Blake Bortles. Foles is a QB3 for common-sized fantasy football leagues, and he doesn't significantly enhance the outlook for Jacksonville's wideouts. Ian Rapoport reports that the Jags are expected to release Bortles once the Foles deal becomes official.

Colts QB Nick Foles is questionable to return to Sunday's game vs. the Giants with a rib injury. He was in a lot of pain and had to be carted back to the locker room. We'll update his status when we know more. With QB Matt Ryan inactive, QB Sam Ehlinger will replace Foles.

Update: Foles has been ruled out.

The switch to QB Nick Foles did not work Monday night against the Chargers. The veteran backup tossed 3 INTs and took 7 sacks in the loss, compiling only 143 yards on 17-of-29 passing. TE Jelani Woods led the receiving with 43 yards, while WR Michael Pittman Jr. was the only Colt to catch more than 3 passes. Interim HC Jeff Saturday still said after the game that he has "no reservations" about switching to Foles and that he still plans to start the vet for the final 2 games.

Colts HC Jeff Saturday announced on Wednesday that the team will start QB Nick Foles in Week 16 vs. the Chargers. ESPN's Dan Graziano also reports the plan is for the team to bench Matt Ryan for the remainder of the 2022 season. Fantasy managers can consider Foles a fringe QB2 option this week, though better options are likely available. The Chargers rank as the 13th-toughest matchup in adjusted fantasy points allowed to QBs. Going from Ryan to Foles is essentially a lateral move fantasy-wise.

The Colts have agreed to a 2-year deal with QB Nick Foles, according to NFL Network's Mike Garafolo. Foles most recently played for the Bears but previously played under then-OC Frank Reich with the Super Bowl-winning Eagles. His Indianapolis role under HC Reich will obviously be to back up new Colts QB Matt Ryan.

The Bears released QB Nick Foles. The 33-year-old will look for a backup job elsewhere. QB Trevor Siemian sits behind QB Justin Fields in Chicago.