Field Yates of ESPN reports that Colts veteran OLBย Trent Cole has agreed to take a pay cut to be back in Indianapolis next year.
- According to Yates, Cole reduced his 2016 salary fromย $4.25ย millionย to $2ย million as part of the reworked contract.
- Tom Pelissero reports that Cole getsย his $1 million roster bonus guaranteed.
The Colts will pick up $1.5 million in cap space following this move, according toย 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 contractย that includedย $8 million guaranteed whit the Colts last year. He was set to make a base salary ofย $4.25 million inย 2016.
In 2015, Cole appeared inย 14 games for the Colts and recorded 32 tackles, three sacks, two forced fumbles and three pass defenses.ย Pro Football Focus has him rated as the No. 34 edge rusher out of 110 qualifying players.
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