According to a league source, the guaranteed money will run into the third year of the deal, with a “small portion” of the 2016 money being guaranteed.
The All-Pro left tackle was in the final year of deal he signed with the Eagles after being acquired from the Bills back in 2009, which was scheduled to pay him a base salary of $9.65 million. That figure will stay the same under the terms of the new deal, per a CSN Philly report. The Eagles will get about $2 million in cap relief this year as a result of the deal, according to Adam Caplan.
The two sides had been having light talks but really began to dig their heels in over the last two weeks, we're told.
“There aren’t many people cut from the same cloth as Jason Peters,” said Chip Kelly. “To be able to bounce back from two Achilles injuries and return to an All-Pro level speaks not only to his incredible athleticism, but proves just how hard he works at his game. Having him at left tackle provides a lot of comfort to our quarterback and to our entire offense. He’s a guy that many players look up to in our locker room.”
The 32-year-old missed the entire 2012 season after twice rupturing his right Achilles tendon. He was able to start all 16 games this season. Though not as dominant as we've become accustomed to, Peters still captured first team All-Pro and Pro Bowl honors.
“Jason is everything you look for in a left tackle,” said Howie Roseman. “The unique blend of size, speed and athleticism that Jason possesses is something that everyone wants in an offensive lineman. However, what really makes him unique is his desire to improve day in and day out despite the fact that he’s played at an elite level for so many years. We are truly rewarding Jason’s excellence, as he’s a guy who has made six Pro Bowl appearances and has been selected an All-Pro five times. We’re excited to be able to keep him in Philadelphia for years to come.”