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Cardinals expected to pick up option on Patrick Peterson

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One of the developments in the collective bargaining agreement between the NFL and the NFL Players Association that brought the lockout to a close in 2011 was a wage scale for incoming rookie classes.

Draft picks would be locked into four-year contracts with first round selections also having a fifth-year team option.

The deadline for teams to pick up that fifth-year option for players from the 2011 draft is May 3. According to Kent Somers of the Arizona Republic, the Arizona Cardinals will pick up the option for All-Pro cornerback Patrick Peterson.

Peterson was the fifth overall selection in the draft and has become one of the top cornerbacks in the league. He’s been named to the Pro Bowl in each of his first three seasons and a first-team All-Pro in 2011 and 2013.

By picking up the option, the Cardinals will owe Peterson in 2015 a salary worth the average of the top 10 highest paid players at the cornerback positon this season.

The option will essentially give Arizona more time to work out a long-term extension with Peterson. On the other hand, Peterson could hold out to force the issue, an option which he hasn’t yet ruled out.

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6 Responses to “Cardinals expected to pick up option on Patrick Peterson”
  1. thestrategyexpert says: Mar 26, 2014 11:46 PM

    Well of course you want to protect those high draft picks that perform well at key roles, so guys like Patrick Peterson and Nick Fairley are going to be no-brainers to pick up the option on.

  2. charlie2254 says: Mar 26, 2014 11:54 PM

    Top 10 seems pretty generous. The kid has talent, but the cards are making it seem like their front office is admitting inadequate negotiating skills.

  3. andreboy1 says: Mar 27, 2014 12:08 AM

    The guy is a playmaker but he is extremely overrated as a cover guy.

    Every time I watch him he gets beat on a regular basis.

    Crabtree has owned him on several occasions.

  4. mdcards4life says: Mar 27, 2014 8:24 AM

    The Cards are just buying some time, they will sign him before the season start.

  5. osiris33 says: Mar 27, 2014 10:03 AM

    Seems like a lot of money for a guy who couldn’t even start for the Seahawks. But then again the Pats just paid $12 million for a guy who couldn’t either so…

  6. mikeschmitt1217 says: Mar 27, 2014 4:15 PM

    One of the best CBs in the league, and very young at that. Cards would be smart to ink this guy to a long term extension as soon as they can. Last thing you need is this guy to holdout and become a distraction.

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