The much anticipated decision from the Pittsburgh Steelers regarding veteran cornerback Patrick Peterson has been made.
According to ESPN’s Adam Schefter, the Steelers are parting ways with Peterson, which will free up $6.85 million in cap space (before top 51 roster displacement). ESPN’s Adam Schefter reported on March 8 that the Steelers are waiving Peterson. This move will save the team $6.85 million in cap space (before top 51 roster displacement).
Peterson inked a two-year, $14 million deal with the Steelers last year. However, he only spent one season in Pittsburgh.
Peterson had a slow start to the 2023 season but showed improvement around the middle of the campaign. Towards the end of the season, the Steelers requested Peterson to play more as a safety due to injuries and a suspension to Damontae Kazee.
The shift in position yielded mixed results.
During the 2023 regular season, Peterson recorded 42 combined tackles with 11 pass defenses and 2 interceptions in 17 games. He also made 4 tackles in the team’s sole playoff game.
Throughout his career, Peterson has been selected for the first-team All-Pro three times and has received eight Pro Bowl nods. However, his most recent Pro Bowl appearance was in 2018, and he will be 34 in July. The Steelers will incur
a dead cap charge of $2.925 million in 2024 following his release. The Pittsburgh Steelers have released cornerback Patrick Peterson, as reported by ESPN’s Adam Schefter on March 8. a dead cap charge of $2.925 million in 2024.
