Peters hits $60 million jackpot in Philly

Posted by ESPN.com's Tim Graham
Pro Bowl left tackle Jason Peters and the Philadelphia Eagles have agreed to terms on a new contract that will give him $53 million in new money over an additional four years, ESPN's John Clayton and Len Pasquarelli report.

That makes Peters the highest-paid offensive lineman in NFL history, surpassing the deal the Miami Dolphins awarded No. 1 draft choice Jake Long one year ago.

"Jason Peters is the best left tackle in football," Eagles coach Andy Reid said. "He is a powerful and athletic tackle, and I have admired this player over the last few years on film."

The Eagles obtained Peters for the 28th pick and a fourth-round pick in this year's draft and a sixth-round pick next year.

Peters already was under contract for two years when the Bills reached a deal to ship him to Philly. The entire structured contract is for six years and $60 million with almost $25 million in guarantees.

The Bills weren't willing to make that kind of financial commitment to Peters, who disappeared all of last offseason and training camp because he wanted a new contract. He showed up two days before the season opener and had an off year but still was selected to his second straight Pro Bowl.

The Bills fully expected Peters to boycott the team again this year and had become convinced he would sit out until Week 10, when he would have needed to accrue a season of NFL experience.

What do you think Bills fans?

Should the Bills have coughed it up?

Did the Eagles overpay?