Colts release former Super Bowl MVP Nick Foles after one season.

The Indianapolis Colts have released quarterback Nick Foles, clearing $2.1 million in cap space. Foles, who previously played for the Philadelphia Eagles, had become expendable after the Colts signed Gardner Minshew to help groom their potential quarterback of the future. It is unlikely that Foles will return to the Eagles, who have already signed Marcus Mariota and drafted two quarterbacks. Foles may end up signing with another team or retire.