Marcus Peters gets 3-year contract extension from Ravens

Marcus Peters will be staying with the Baltimore Ravens for the next few years.

The Ravens acquired Peters in a trade with the Los Angeles Rams this season and announced on Saturday that they have signed the cornerback to a 3-year, $42 million contract extension. ESPN’s Adam Schefter says the deal includes $32 million guaranteed.

Ravens and Pro Bowl CB Marcus Peters agreed to 3-year, $42 million extension that includes $32 million guaranteed, which is 76 percent of total contract, per source. Deal will pay Peters $20.5M in year 1. The 3-year deal would allow him to hit the free-agent market when he’s 29.

— Adam Schefter (@AdamSchefter) December 28, 2019

Peters is making $5.8 million this year and was set to be a free agent after the season. This keeps him under contract through 2022.

Peters has been great for Baltimore’s defense. He has 38 tackles, three interceptions — two returned for a touchdown — in nine games with the team.