You can expect the Eagles to place him on injured reserve in the coming days and add someone to their roster.
Peters, 38, originally signed on with the Bills as an undrafted free agent out of Arkansas back in 2004. He spent five years in Buffalo before being traded to the Eagles in 2009.
Peters signed a four-year, $53 million extension in Philadelphia after the trade. Last year, Peters signed another one-year extension worth $6 million for the 2019 season.
Philadelphia brought Peters back on a one-year, $3 million contract this past June. The Eagles restructured his contract a few months ago to make it worth up to $8 million and includes $4 million guaranteed.
In 2020, Peters has appeared in eight games, making eight starts for them