The Eagles have reached a one year deal with former Cowboys first round pick Felix Jones according to a report from ESPN's Adam Schefter. The 26 year old has spent the last 5 seasons with the Cowboys rushing for 2,728 yards & 11 TDs. He also caught 127 passes for another 11 TDs.
As we noted when he first worked out, Jones has certainly flashed the ability that made Jerry Jones take him with a first round pick, but it's only been flashes. He's never been able to cement himself as the franchise type back the Cowboys thought they were getting when they took him over the likes of Chris Johnson, Matt Forté, Ray Rice and Jamaal Charles in 2008.
That has to be a rough list for Cowboys fans to see... But as far as the Eagles are concerned, he's not a first round bust anymore, he's just a guy they picked up on a year deal in May. LeSean McCoy is obviously at the top of the RB depth chart and while Bryce Brown probably has a strong hold on the #2 spot, but Jones could certainly be seen as insurance in case his ball security doesn't improve. Of course, Jones will also be competing for a roster spot with the likes of Chris Polk & rookie Miguel Maysonet.
Either way, LeSean McCoy said that the demands on backs in this offense means that they'll need multiple guys to carry the load. Felix Jones has shown he's not an effective #1 guy, but as a #3? He could have value. I'm not sure how "high reward" this signing might be, but it's certainly low risk.
Bob Grotz says the Patriots were also interested in Jones. 2012 6th round pick Marvin McNutt was released to make make room for Jones on the roster.