The New Orleans Saints and left guard Andrus Peat agreed to a five-year contract extension on Friday, reports NewOrleans.Football’s Nick Underhill. NFL Network’s Ian Rapoport added that the contract is worth $57.5 million and guarantees $33 million. The official Saints website confirmed the news.
That’s not a bad payout for a two-time Pro Bowler. An average of $11.5 million per year is near the market value for a starting guard of his age and experience, even though Peat has often been the weak link in the Saints offensive line in recent years.