Quarterback Nick Foles is still a member of the Philadelphia Eagles for the time being, but that might not last long. While the Eagles might want to trade him for maximum compensation in return, a new report suggested that he will hit free agency instead.

Radio host Cecil Lammey from 104.3 The Fan in Denver reported on Monday that Philadelphia will let Foles hit free agency, which would get them a third round compensatory draft pick. The likely alternative would have seen the Eagles franchise tag Foles and trade him for more than that, but Lammey said the salary cap got in the way of that plan.

That somewhat goes against a recent report from NFL Network insider Ian Rapoport, who said the Eagles could be inclined to franchise tag Foles for a trade. If Foles hits free agency, he would obviously have more control over where he goes and how much money he makes.

It could also make it more likely for Foles to end up in Washington. With lingering concerns about quarterback Alex Smith’s ability to play football in 2019 and beyond, Washington could make a desperate play for a veteran starting quarterback to remain in contention and save head coach Jay Gruden’s job.

Free agency could get him there, as trades between division rivals are somewhat uncommon in the NFL. Washington gave up multiple draft picks in 2010 to trade for Donovan McNabb from the Eagles; McNabb was in Minnesota a year later and out of the league after that. They might want to avoid a mistake like that again.

Finances might be the main barrier between Washington and Foles. Smith’s contract will take up $20 million in cap space next year whether he plays or not. A recent Super Bowl MVP like Foles could command a decent salary in a league starved for quality starting quarterbacks.

Washington was near the top of recent betting odds for where Foles will play in 2019. They were second, behind the Miami Dolphins. There is speculation that the Dolphins will look to move on from longtime starter Ryan Tannehill in the offseason.

The Denver Broncos and Jacksonville Jaguars have also been suggested as potential landing spots for Foles. Both teams have talented rosters that were partially hamstrung by poor quarterback play in 2018.