Jacksonville Jaguars exercise option on QB Blake Bortles

Executive VP Tom Coughlin calls move 'smart business decision'

Jacksonville Jaguars quarterback Blake Bortles (5) passes during warmups before an NFL preseason football game against the against the Chicago Bears in Chicago, Thursday, Aug. 14, 2014. (AP Photo/Charles Rex Arbogast)

JACKSONVILLE, Fla. – The Jacksonville Jaguars have exercised a fifth-year option on quarterback Blake Bortles, a move that executive vice president Tom Coughlin called a "smart business decision."

The 2018 option is guaranteed for injury only, so the Jaguars could decide to cut Bortles if he struggles again in 2017 and avoid paying him about $18 million in the final year of his deal.

If Bortles plays well and looks like a long-term solution at the all-important position, the Jaguars would work on an extension to keep Bortles in town beyond 2018. If not, they'll be in the market for a quarterback in next year's QB-rich draft.

"This is a smart business decision for the team for several reasons. It makes sense for us going forward, and it's good for Blake and for the Jaguars," Coughlin said.