The Philadelphia Eagles have approached 35-year-old long-time starting left tackle Jason Peters about taking a pay cut, according to Adam Caplan of ESPN.
A couple weeks ago, PhillyVoice reported that the Eagles are going to free up a lot of cap space this offseason by releasing or trading players, as well as potentially asking Peters to take a pay cut.
• OT Jason Peters: The Eagles want Peters to return, so they are unlikely to release or trade him. However, with a cap number of $11,700,000 (highest on the team in 2017), the Eagles could ask Peters to take a pay cut or restructure. Despite a high number of false start penalties in 2016, Peters had a good season, and remains a high quality left tackle who will likely not be agreeable to a pay cut. The Eagles, however, could push the impact of his cap hit into future years with a restructure.
The Eagles could save $9,700,000 of that $11,700,000 if they cut or traded him.
There are some who believe Peters' money could be better used elsewhere. I disagree. At $9,575,000 per year, Peters is the 11th highest-paid LT in the NFL, on a per year basis, according to overthecap.com:
| Player | Team | Avg./Year |
| Trent Williams | Redskins | $13,200,000 |
| Terron Armstead | Saints | $13,000,000 |
| Tyron Smith | Cowboys | $12,200,000 |
| David Bakhtiari | Packers | $12,000,000 |
| Eric Fisher | Chiefs | $12,000,000 |
| Cordy Glenn | Bills | $12,000,000 |
| Joe Thomas | Browns | $11,500,000 |
| Anthony Castonzo | Colts | $10,953,000 |
| Russell Okung | Broncos | $10,600,000 |
| Nate Solder | Patriots | $10,031,000 |
| Jason Peters | Eagles | $9,575,000 |
One could make an argument that he's actually a bargain.
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