Inside Trent Cole's Contract Extension

Brian McIntyre has the details of Trent Cole’s contract. Here is the basic breakdown:

2012: $8 million signing bonus, plus original $3 million salary now guaranteed.
2013: Original $3.5 million salary now guaranteed.
2014: New $5 million salary (plus $500,000 $ack$-based bonus).
2015: New $10 million salary.
2016: New $11 million salary.
2017: New $14 million salary.

Cole turns 30 this year, which should give you a sense of which years are more or less fake money. To my eyes, the last three years all look unlikely. The Eagles gave Cole a lot of security by guaranteeing the final two years of his old contract and handing him a signing bonus on top of it. The 2014 additional year also looks attainable and very reasonably priced. After that, I don’t see the Eagles paying $10 million or more per year for a 33-year-old and up.

Still, don’t let that detract from what the deal really means. It’s not intended to purchase many more years of performance, but rather to serve as a thank you gift, a reward for Cole’s quiet excellence over the last few years. And in many ways, that’s more important.