Josh Reed of WIVB Buffalo reported as much, noting the Eagles are dealing with a hole on the running back depth chart after Jay Ajayi tore his ACL. McCoy is the all-time leading rusher in Eagles history and played there from 2009—when the team selected him in the second round of the draft—through 2014.
This comes after Adam Schefter and Chris Mortensen of ESPN.com reported the Eagles restructured defensive tackle Fletcher Cox's contract Friday to create an additional $6.5 million in cap space for the rest of this season and $11.7 million for the 2019 campaign.
McCoy is under contract through 2019, so the timing would match up if they choose to use some of the extra space on the six-time Pro Bowler.
Schefter and Mortensen noted Philadelphia had no plans to trade for Pittsburgh Steelers running back Le'Veon Bell with the additional cap space but said nothing of McCoy.
McCoy has 170 rushing yards and 64 receiving yards through four games this season for the 2-3 Bills. While the early numbers don't turn heads, he ran for 1,138 yards just last season, marking the sixth time in his career he topped 1,000 yards on the ground. Four of those seasons came during his tenure with the Eagles.
Philadelphia still has Corey Clement, Darren Sproles and Wendell Smallwood at running back as it attempts to defend its Super Bowl crown, but none of them can match McCoy's resume.