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Patrick Peterson signs extension with Arizona Cardinals for 5-years $70 million

Peterson is dynamic in the open field as a defender
Peterson is dynamic in the open field as a defender
Photo by Christian Petersen/Getty Images

On Tuesday night, Patrick Peterson and the Arizona Cardinals agreed to a massive contract extension to keep one of the best cornerbacks locked up for the rest of this decade.

If the debate between Patrick Peterson and Richard Sherman was strictly about economics, Peterson upped the ante on Sherman in a major way. Peterson signed a deal reportedly worth 5-years and $70 million, with $48 million guaranteed. Hands down, Patrick Peterson is the highest paid corner in the league.

Earlier in the year, Seattle took care of their high profile corner with a 4-year $57 million contract, with $40 million guaranteed. Therefore, Arizona has Peterson locked in for an extra year and the Cardinals feel it’s worth every penny. If you do the math, Richard Sherman will receive more money per year during the length of the contract.

According to Sportsline.com, Peterson was scheduled to make $2.88 million in 2014. Patrick Peterson will also make $10.08 million in 2015. He’s the first player from the 2011 NFL draft to sign a contract extension.

It will be interesting to see what type of deals the rest of the high profile players receive in the near future.

Earlier in the week, Arizona announced that Patrick Peterson wouldn’t be returning kicks and taking offensive snaps. However, now that they have him locked up for all this money, Arizona should rethink this strategy wholeheartedly. While Peterson doesn’t have to be a focal point on offense or special teams, he certainly can contribute to help the Cardinals make the playoffs.

Patrick Peterson feels he is the best corner in the league and stated that his opinion on the matter will not change. He does acknowledge that this conversation will come up every chance that the media gets.

Arizona and Seattle don’t face off until late November in the NFC West. Then they’ll face off twice in less than a month. Chances are, the conversation on who is the best corner in the league will rev up. Still, the team that wins these match ups will likely have the last laugh and a spot in the playoffs.

Patrick Peterson had three interceptions and 13 defensive pass break ups in 2013. During his first three years, Peterson has 12 interceptions and four punt return touchdowns. He’s yet to take an interception to the house. It’s time that the highest paid corner in the league returns one for a touchdown.

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