- According to Yates, Cole reduced his 2016 salary from $4.25 million to $2 million as part of the reworked contract.
- Tom Pelissero reports that Cole gets his $1 million roster bonus guaranteed.
The Colts will pick up $1.5 million in cap space following this move, according to Pelissero.
There had been talk that Cole could be a cap casualty this offseason, so it’s at least a little surprising that they elected to bring him back.
Cole, 33, signed a two-year, $14 million contract that included $8 million guaranteed whit the Colts last year. He was set to make a base salary of $4.25 million in 2016.
In 2015, Cole appeared in 14 games for the Colts and recorded 32 tackles, three sacks, two forced fumbles and three pass defenses. Pro Football Focus has him rated as the No. 34 edge rusher out of 110 qualifying players.