Foles voided his 2019 option in an effort to become a free agent but the Philadelphia Eagles could still place their franchise tag on the veteran passer with the intention of trading him.
Foles is unlikely to return to the Eagles as a backup, sources told NJ.com's Zack Rosenblatt.
The Super Bowl LII MVP may be more interested in Jacksonville than other teams vying for his services, Garafolo adds, due to the Jaguars' talented roster.
Denver reportedly considered adding Foles but set its sights on Flacco instead. The Broncos will acquire the longtime Baltimore Raven after agreeing in principle to a trade Wednesday.
Whether through free agency or trade, the 30-year-old Foles is fully expected to have a new home this upcoming season.