Patrick Peterson gets $7.15 million for one year, with a Steelers option for 2024

Dallas Cowboys v Minnesota Vikings
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Veteran cornerback Patrick Peterson wanted to stay with the Vikings. But the Vikings didn’t offer enough money to keep him.

The Steelers offered enough to snatch him. He’ll get, per a source with knowledge of the deal, a two-year contract worth a total of $14 million.

However, the structure shows that it’s a one-year, $7.15 million contract, with a non-guaranteed  compensation package of $6.85 million in the second year.

The deal has a $3 million roster bonus due on the third day of the 2024 league year, with a 2024 base salary of $5.15 million.

So, clearly, the Vikings weren’t willing to go that far.

“I definitely wanted to go back to Minnesota,” Peterson said Monday on his podcast, via Chris Tomasson of the St. Paul Pioneer Press. He said that the negotiations were all business with “no curve balls.”

“I felt like [Minnesota] was home,” Peterson said.

Pittsburgh is home now.

It was kind of out of left field,” Peterson said. “My agent was doing his job. He was calling around to see what teams wanted to have me in their locker room.”

18 responses to “Patrick Peterson gets $7.15 million for one year, with a Steelers option for 2024

  1. Happy for Pat Pete he played well for the Vikings. I wanted him back but he doubled his salary with the Steelers. Steelers have a good player in P2, good luck to him. SKOL

  2. Waste of money, but this means that the Steelers will got OT in the first round, no matter what.

  3. So the Vikings cut Dantzler and lost Peterson. I sure am glad we have a lot of extra CB’s. I wonder who they are? Untested Boothe and Unknown Cine? And this is improving one of the worst defenses in the league? The problems were in the front 7 not the back 40.

  4. Way too much money for a fringe player at his age who is barely hanging on. Should be a camp invite type of signing.

  5. u4775 says:
    March 14, 2023 at 8:56 am
    So the Vikings cut Dantzler and lost Peterson. I sure am glad we have a lot of extra CB’s. I wonder who they are? Untested Boothe and Unknown Cine? And this is improving one of the worst defenses in the league
    /////
    This is a typical “fan” response. One old CB signs with another team on day 1 of free agency and you hit the doomsday button. Some of us have been around awhile and know not to judge much until at least after the draft, and even then it’s too early.

  6. Way too much money for a fringe player at his age who is barely hanging on. Should be a camp invite type of signing.

    You mean like Hoyer and your favorite All-star NKeal Harry. Once again he reveal a lack of football knowledge…but go on mouth off I know it keeps you alive.

  7. Got him for less money than Cam Sutton, and his production will be better. Sure this isn’t a move that wins a Superbowl, but this isn’t a team geared to win a Superbowl next year either so no big deal. Anyone claiming the Steelers just got an old man instead of a stud don’t understand the lack of depth the team has at DB.

  8. I’m glad they got him so that they don’t have to count on an unproven rookie to have a major role. And if they happen to find a rookie who can grab the starting spot in the first year, all the better!

  9. To all of the “over the hill comments,” PP was PFF’s 10th best cover corner last season. Sutton was 28th.

  10. You mean like Hoyer and your favorite All-star NKeal Harry. Once again he reveal a lack of football knowledge…but go on mouth off I know it keeps you alive.
    ____________
    That kid is desperately trying to keep a brave face, attacking all other teams. The other teams in the AFC East are improving while the Patriots are just a mess. Last place on the way for them.

  11. The Vikings need press man corners in their new defense and Peterson can’t do that anymore. The best thing he would have contributed was having all the corners over to his house once a week to watch film and teach them about the game. To me, that’s worth about the $4 million he got last year, not nearly twice that. I hope the Steelers play a lot of zone coverage.

  12. How much talent does this defense need before people actually begin to question the coaching or scheme.

  13. I think PFF actually ranked him above the departed Sutton, last yr. They save $4mill per yr as a replacement. Gonna look hard at CBs Gonzalez, Porter, and Witherspoon in draft, if still available at #17 or #32.

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