It was never a question of if the Cardinals were going to sign Patrick Peterson to a contract extension. It was when. And it turned out to be sooner than many people expected. Peterson and the Cardinals announced Tuesday evening they had agreed to terms on a five-year extension that is expected to make Peterson the highest-paid cornerback in the NFL. Peterson tweeted that the deal is worth $70 million, including $48 million guaranteed. An NFL source said the $48 million is fully guaranteed only in the event Peterson became injured. A sizable portion of that amount is not guaranteed if Peterson is released for skill or salary-cap reasons. Peterson, now under contract through the 2020 season, will have a news conference on Wednesday morning.
Cardinals agree to 5-year contract extension with Patrick Peterson
Arizona Republic | Jul 30