Pittsburgh is set to release Peterson, Adam Schefter of ESPN reports.

EDGE Analysis

Peterson played adequately for the Steelers last season, handling 1,045 defensive snaps across 17 regular-season games, but at 34 years old, the eight-time Pro Bowler isn't quite the player he once was. His release leaves Pittsburgh with $2.9 million in dead cap, but clears up almost $7 million in cap space for the team.

Peterson recorded two tackles (one solo) and an interception in Saturday's 34-11 win over Cincinnati.

EDGE Analysis

The Steelers are dealing with a depleted secondary, so the team tabbed Peterson to slide from his usual cornerback role to starting safety. The veteran handled his second career game at the position well, playing 100 percent of the team's defensive snaps and picking off a Jake Browning pass to squelch the Bengals' first drive of the contest. Minkah Fitzpatrick (knee) is reportedly looking at a multi-week absence, and Damontae Kazee (suspension) is out for the remainder of the regular season, so Peterson may be asked to start at safety again next Sunday versus Seattle.

Peterson is likely to see more time at safety in Week 16 against the Bengals, Teresa Varley of the Steelers' official site reports.

EDGE Analysis

The Steelers are set to be without Damontae Kazee (suspension), Minkah Fitzpatrick (knee) and Trenton Thompson (neck) for Saturday's matchup, leaving them very shorthanded at both safety spots. Peterson played primarily at outside corner opposite Joey Porter, but he could shift to safety in the short term. In addition to increasing his own opportunity to make tackles, the shift in role will simultaneously increase the playing time of Levi Wallace at corner.

The Steelers and Peterson agreed to terms on a two-year, $14 million contract contract Monday, ESPN's Adam Schefter reports.

EDGE Analysis

Peterson turns 33 this summer and reportedly wants to play at least two more seasons. After spending 10 seasons with the Cardinals, Peterson started 30 games for the Vikings over the last two years. He's no longer an elite shutdown corner, but Peterson provides solid coverage on the outside.

Peterson compiled a career-high 66 tackles (56 solo) and 15 passes defended, including five interceptions, while playing all 17 games in the 2022 regular season.

EDGE Analysis

Peterson played almost every defensive snap in his second season with the Vikings. As a result, he surpassed his previous career high for tackles set during his rookie campaign in 2011. The 32-year-old cornerback also logged double-digit passes defended for the first time since 2013, and he actually accumulated his second-most passes defended and interceptions of any season in his career. Peterson re-signed with Minnesota on a one-year, $4 million contract last season, and, with the team already $24.5 million over the cap heading into the 2023 season, it's possible he may not be retained this offseason.

Peterson had six total tackles in Sunday's win over Green Bay.

EDGE Analysis

Peterson nearly got burned on the team's first defensive play as Christian Watson got by him deep but dropped an easy 75-yard touchdown reception. Peterson settled down thereafter but gave up four receptions on six targets for 51 yards, according to Pro Football Focus.

The Vikings and Peterson agreed to a one-year contract Wednesday, Chris Tomasson of the St. Paul Pioneer Press reports.

EDGE Analysis

Peterson announced the news on his "All Things Covered" podcast, confirming that he'll return to Minnesota for a second consecutive year. In his first season with the Vikings, he missed four games due to a hamstring injury and a stint on the reserve/COVID-19 list, but he still produced when on the field, recording 45 tackles, five pass breakups and a pick-six in 13 contests. Peterson will slot in as a starting cornerback opposite Cameron Dantzler in 2022.

The Vikings activated Peterson (undisclosed) from the reserve/COVID-19 list Tuesday.

EDGE Analysis

Peterson missed Week 13's divisional loss to the Lions as a result of his placement on the COVID list. However, the veteran should be available to handle his usual every-down role during Thursday's matchup against the Steelers.

Peterson (illness) was placed on the reserve/COVID-19 list Monday, Ben Goessling of the Minneapolis Star Tribune reports.

EDGE Analysis

Peterson is vaccinated, which indicates the cornerback tested positive for the virus. The veteran cornerback will need to produce two negative COVID-19 tests at least 24 hours apart before being reinstated to the active roster.

Peterson (hamstring) was activated from injured reserve by the Vikings on Saturday.

EDGE Analysis

Peterson returned to the practice field Wednesday, and he'll be back in game action Sunday against the Packers following a three-game absence. Across his first six appearances of the season, the 31-year-old logged 13 tackles (eight solo) and two pass defenses.