As is often the case in the NFL, there are two ways to look at the five-year, $25 million contract Eagles wide receiver Riley Cooper signed yesterday to remain in Philadelphia.

You can see it as the negotiating floor for the Patriots’ own potential free agent wide receiver, Julian Edelman, arguing that they were two of the more proven commodities ready to go on the open market next month when Cooper signed. Or you can look at Cooper’s yards-per-catch and argue his new contract has nothing to do with Edelman, because what he does has nothing to do with what Edelman does ... or more importantly doesn’t do.

The wise bet here is the perpetually penurious Patriots will see things from the latter point of view, because guys who average 17.8 yards a catch get paid and guys who average 10.1 yards a catch don’t.

Cooper is coming off a roller-coaster season that began with his use of a racial slur at a Kenny Chesney concert that some felt might cost him his job and ended with having adapted so smoothly to the installation of Chip Kelly’s high-speed offense and quarterback Nick Foles as its leader that he more than doubled in one season his career totals for receptions and yards. Cooper’s 47 catches for 835 yards and eight touchdowns were not exactly Megatron-like accomplishments, but his 17.8 yards-per-catch average was (in fact tying him with the original Detroit’s Calvin Johnson). And so he cashed in because when it comes to receivers it’s the ones who can take the ball deep who take the check to the bank.

Edelman is not such a receiver, but that is not to say he wasn’t highly productive. Last season, he caught 105 passes, fourth best in the NFL, and gained 1,056 yards and not simply because he was a slot receiver in an offense designed for anyone in that position to catch a lot of balls.

In fact, during Super Bowl week last month, Edelman was stopping people in the street in Midtown Manhattan to remind them he played 51 percent of the time last season on the outside. The problem is that while that was true, he was also a possession receiver who took those 105 receptions an average of only 10.1 yards. In other words, he was a doubles hitter in a homer-hitting league, the same charge leveled at Wes Welker on his way out the door a year ago.