Adam Schefter reports that the Ravens and CB Marcus Peters agreed to three-year, $42 million extension that includes $32 million guaranteed on Saturday.
Schefter adds that Peters gets 76 percent of the total contract guaranteed and will make $20.5 million in 2020. This also gives him the opportunity to test free agency again before he’s 30 years old.
The Ravens have already confirmed the news:
We’re excited to announce that we have extended the contract of CB @marcuspeters ‼️ pic.twitter.com/afXOXZIhLU
— Baltimore Ravens (@Ravens) December 28, 2019
Peters, 26, is a former first-round pick of the Chiefs back in 2015. The Rams acquired him from the Chiefs in exchange for a 2018 fourth- and 2019 second-round pick.
Peters was entering the final year of his four-year, $9.584 million contract when the Rams picked up his fifth-year option last year. From there, Los Angeles elected to trade Peters to the Ravens for Kenny Young and a 2020 fifth-round pick before this year’s deadline.
Peters was in line to be an unrestricted free agent in 2020.
In 2019, Peters has appeared in 15 games for the Rams and Ravens and recorded 52 tackles, five interceptions, three defensive touchdowns, a fumble recovery and 14 passes defended.
We had him featured in our Top 50 – 2020 Free Agents list.
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