The Ravens have restructured Marcus Peters‘ contract (Twitter link via NFL.com’s Ian Rapoport). The Ravens will now have $3.5M in additional cash this offseason. The cornerback was initially set to collect $11.5M in base pay with a $13.5M cap hit. Now, he’ll get $10M in base salary and count for $10M on the books.
Peters re-upped with the Ravens towards the end of 2019 on a three-year, $42M deal with $32M guaranteed. Twice traded, the deal gave Peters both financial and football security. Given his talent, the $14M/year deal was a clear win for the Ravens. Together with Marlon Humphrey, he’s given Baltimore one of the best CB duos in the NFL.
This past year, Peters notched 52 tackles, four interceptions (plus one in the playoffs), four forced fumbles, and two fumble recoveries. Since entering the league in 2015, Peters has 31 interceptions, more than any other player in the league over the last six years.
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