Trent Cole, Colts agree on contract [UPDATE]

The Colts won't just be taking Todd Herremans (and possibly Frank Gore) from the Eagles. The team has reached a contract agreement with former Eagles pass rusher Trent Cole, according to NFL Network's Ian Rapoport.

Cole had played his entire 10-year career in Philadelphia and was drafted along with Herremans in 2005. Colts general manager Ryan Grigson was on the staff that drafted both players, so their reunion in Indianapolis makes sense. The Colts are seemingly loading up on veterans with big names as Andrew Luck continues to progress.

Cole will be in another 3-4 defense in Indianapolis but will likely have more opportunity to put his hand down in Chuck Pagano's scheme. He will likely rotate with impressive second-year player Jonathan Newsome at outside linebacker opposite a potentially-healthy Robert Mathis.

Cole has collected 85.5 sacks in 10 seasons in Philadelphia. He also produced 19 forced fumbles as an Eagles pass rusher.

UPDATE - According to Adam Caplan, it appears the Colts may have not signed Cole after all.

Trent Cole does not have a deal with the #Colts, per league source. Several teams still remain interested.

— Adam Caplan (@caplannfl) March 10, 2015

UPDATE - CBS Sports writer Will Brinson reports the Colts and Cole have signed on a two-year deal:

Per @caplannfl on ESPN, Trent Cole is signing a 2 year $16M deal with the Colts.

— Will Brinson (@WillBrinson) March 10, 2015