Quarterback Nick Foles. Joe Nicholson-USA TODAY Sports

Colts sign former Super Bowl MVP Nick Foles to two-year deal

The Indianapolis Colts added to the quarterback arsenal on Monday, finalizing a two-year deal with veteran signal-caller Nick Foles. NFL Network was the first to report the signing.

The signing reunites Foles with head coach Frank Reich, who was the offensive coordinator for the Philadelphia Eagles when Foles led the team to a Super Bowl win at the end of the 2017-18 season.

According to ESPN's Jeremy Fowler, the Eagles had also shown interest in a reunion with Foles before he ultimately chose Indy.

Foles, 33, signed a four-year deal with the Jacksonville Jaguars in 2019 but broke his collarbone in the season-opener and ultimately lost the starting role to Gardiner Minshew. The Chicago Bears acquired the Super Bowl MVP via trade in 2020 but only played him in one game in 2021 as the team opted to bounce between rookie Justin Fields and veteran Andy Dalton. Chicago released Foles on May 1 of this year.

For Indianapolis, Foles will serve as backup to Matt Ryan, who the Colts acquired from the Atlanta Falcons in March.

More must-reads:

TODAY'S BEST
NHL approves sale, relocation of Arizona Coyotes
Eastern and Western Conference play-in teams' odds to advance take hit with brutal injuries
NFL decides fate of five players suspended for gambling
Injured Rangers ace ahead of schedule in rehab efforts
Penguins' Sidney Crosby addresses retirement, contract chatter
Warriors 'want' Klay Thompson back with team next season
Bill Belichick says he’s only coached one rookie who was NFL-ready from Day 1
Giants GM addresses Daniel Jones 'buyer’s remorse' report
76ers big man gives Knicks bulletin-board material ahead of first-round matchup
Yankees star joins elite company after latest feat
Watch: Avalanche star Nathan MacKinnon puts exclamation point on historic season
Aroldis Chapman suspended by MLB over brief exchange with umpire
Packers make important roster move just days before 2024 NFL Draft
Steelers' Russell Wilson blasted by Super Bowl champion: 'You were along for the ride' for championship
Former GM eviscerates Falcons brass for passing on Bill Belichick
Yankees' Juan Soto reportedly eyeing 'bidding war' between two teams
Mike Trout makes his thoughts on a trade from Angels abundantly clear
Former White Sox All-Star critical of time with the club
Deion Sanders denies restricting Shedeur Sanders, Travis Hunter to six NFL teams
Kentucky guard Reed Sheppard declares for NBA Draft, creating hole in backcourt

Want more NFL news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.