NFL Rumors: Arizona Cardinals in no rush to extend Patrick Peterson

Nov 24, 2013; Phoenix, AZ, USA; Arizona Cardinals cornerback Patrick Peterson (21) against the Indianapolis Colts at University of Phoenix Stadium. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports
Nov 24, 2013; Phoenix, AZ, USA; Arizona Cardinals cornerback Patrick Peterson (21) against the Indianapolis Colts at University of Phoenix Stadium. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports /
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Nov 24, 2013; Phoenix, AZ, USA; Arizona Cardinals cornerback Patrick Peterson (21) against the Indianapolis Colts at University of Phoenix Stadium. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports
Nov 24, 2013; Phoenix, AZ, USA; Arizona Cardinals cornerback Patrick Peterson (21) against the Indianapolis Colts at University of Phoenix Stadium. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports /

The Arizona Cardinals very quietly put together an offseason that will help them compete in a very NFC West and will hopefully help them get over the hump and make the postseason in 2014. While they didn’t splurge on massive names, the Cardinals still pieced together some nice signings, but the biggest signing for the team is yet to come.

According to Ken Somers, the Cardinals will first exercise the fifth year option on cornerback Patrick Peterson’s contract before extending him.

Per AZCentral:

"The team plans to exercise an option before then to keep Peterson under contract through 2015, a provision in the collective bargaining agreement that will benefit clubs as they seek to retain players from the 2011 draft. The deadline for using that option is May 3."

Peterson is one of the best cornerbacks in the NFL, he just doesn’t get the respect because he’s not flamboyant. Still, teams know where he is at all times since he seems to be a magnet for the ball. Arizona would like to lock him up long-term, but the team is in no rush to do so.

That doesn’t mean a deal won’t get done soon, but the Cardinals have to be careful about spending their money. Peterson being locked down is a no-brainer but there’s still logistics that need to be worked out first and the option will give everyone some much needed time.