Peterson is entering the final year of his deal in 2020 and will be an unrestricted free agent in 2021. He will make a base salary of $12.5 million this year.
After a six-game suspension to start last season, Peterson took some time to acclimate when he returned in 2019. However, by the end of the season he was playing around the high level Arizona has been accustomed to seeing from him.
The two sides had brief extension talks early this year but it appears they fizzled out. The cornerback market has moved significantly this offseason with deals for Darius Slay, Tre’Davious White and Jalen Ramsey all pushing it forward to $21 million a year at the peak.
Peterson is obviously hopeful to come back as a Cardinal for a long time but he says he’s at peace playing out his deal this year.
“All I can do is worry about me,” Peterson said. “And when the time matches up perfectly, we can sit down and talk about some things.”
Peterson, 30, is a former first-round pick of the Cardinals back in 2011. He’s currently entering the final year of his seven-year, $83.02 million that included $48 million guaranteed and set to make a base salary of $12.5 million for the 2020 season.
Peterson would be an unrestricted free agent in 2021.
In 2019, Peterson appeared in 10 games for the Cardinals and recorded 53 tackles, one sack, two interceptions, a forced fumble, and seven passes defended.
We’ll have more regarding the Cardinals and Peterson as the news is available.