Cooper was caught on video during a June concert at Philadelphia's Lincoln Financial Field making a racial slur toward a security guard.
He was fined an undisclosed amount by the team and later apologized to teammates. Several players, including quarterback Michael Vick, said that they have forgiven him, but admitted his time around the team could be difficult.
The team said in a statement Cooper will "meet with professionals provided by the Eagles during this period of time to better help him understand how his words have hurt so many, including his teammates."
Cooper also released a statement, which is included in the team's report:
"The last few days have been incredibly difficult for me. My actions were inexcusable. The more I think about what I did, the more disgusted I get. I keep trying to figure out how I could have said something so repulsive, and what I can do to make things better.
"Right now, I think it's important for me to take some time to reflect on this situation. The organization and my teammates have been extremely supportive, but I also realize that there are people who will have a tough time forgiving me for what I've done. The best thing for me, and for the team, is to step away for a period of time.
"During this time I'm going to be speaking with a variety of professionals to help me better understand how I could have done something that was so offensive, and how I can start the healing process for everyone. As long as it takes, and whatever I have to do, I'm going to try to make this right."
The NFL said they would not discipline Cooper any further after the incident. SI NOW: Can Cooper come back from this?