Raiders waive QB Nathan Peterman

Nathan Peterman is no longer on the Raiders’ 53-man roster. The team cut its third-string quarterback Tuesday, Field Yates of ESPN.com tweets.

Since this transaction processed after today’s 3pm trade deadline, Peterman will head to the waiver wire. If unclaimed, the fifth-year quarterback will be a free agent. The Raiders signed Peterman to an extension in February; just more than $500K remains on his deal.

Following some disastrous in-game outings with Buffalo, Peterman landed in Oakland in December 2018. The then-Jon Gruden-led franchise then kept Peterman around via a reserve/futures deal and used him as a Derek Carr reserve over the next three seasons. Marcus Mariota stands as Carr’s backup; the Raiders do not have a quarterback on their practice squad.

Given Gruden’s abrupt exit, it will be somewhat interesting if the Raiders bring back Peterman. He remains practice squad-eligible, should Las Vegas go this route. Mariota has spent time on IR in each of his two Raiders seasons and certainly battled health issues while with the Titans.