The St. Louis Rams are looking to lock down starting quarterback Nick Foles to a long-term extension before the start of the 2015 NFL season.
According to Ian Rapoport on NFL Total Access, the team has already reached out to Foles, and the negotiations between the two sides are now in the initial stages.
The 26-year-old Foles was acquired by the Rams in a trade with the Philadelphia Eagles earlier in the offseason. St. Louis sent Sam Bradford to Philly in the deal.
Foles, who was a third-round pick in the 2012 NFL draft, became the starter in Philadelphia in his second year in the league. Foles passed for 2,891 and 2,163 yards in 2013 and 2014, respectively, with 40 touchdowns against 12 interceptions.
Still under his rookie-scale contract, Foles is one of the underpaid players not only at the quarterback position but the entire league. Foles is set to earn about $1.5 million for the 2015 season if his contract is not restructured and if both sides can’t agree to a long-term deal this offseason.
For the 2015 season, the top paid quarterbacks are Drew Brees ($26 million) of the New Orleans Saints, Eli Manning ($19.75 million) of the New York Giants, Matt Ryan ($19.5 million) of the Atlanta Falcons, Aaron Rodgers ($18.25 million) of the Green Bay Packers and Matthew Stafford ($17.72 million) of the Detroit Lions.