Patrick Peterson DB ARI 2 Months

Cardinals CB Patrick Peterson will not play on special teams or offense this season.

Peterson had a package of offensive plays last season, resulting in six catches and four carries. He's also been one of the game's premier punt returners for the last seasons, averaging 10.3 yards per return and scoring four touchdowns. But the Cardinals are preparing to sign him to a Richard Sherman/Joe Haden kind of deal, and don't need to risk injury with returners Ted Ginn/John Brown now on the roster.

Patrick Peterson DB ARI 2 Months

ESPN reports the Cardinals and CB Patrick Peterson are discussing a long-term contract extension that could be worth more than $60 million.

With Richard Sherman securing a $57 million extension that included $40 million guaranteed from the Seahawks last week, Peterson's agent and the Cardinals now have a template to work from. Peterson won't turn 24 until July. He's under team control through 2015 at just under $13 million, so there's no rush to get a deal done. Peterson and Joe Haden are next up for big extensions.

Patrick Peterson DB ARI 3 Months

Arizona coach Bruce Arians confirmed the team is unlikely to use CB Patrick Peterson as a wide receiver or kick returner after adding WR Ted Ginn Jr. in free agency and drafting WR John Brown in the third round.

The Cardinals tried and failed to get Peterson involved in the offense last season, and it seems that experiment is officially over. Ginn Jr. is expected to handle the kick and punt returning duties and help the offense as a situational deep threat. Brown can also help as a returner and brings blazing speed the wide receiver corps. Peterson can now focus on his main job as top-flight corner.

Patrick Peterson DB ARI 3 Months

The Cardinals are not believed to be in serious extension negotiations with Patrick Peterson yet.

Patrick Peterson DB ARI 3 Months

Cardinals exercised CB Patrick Peterson's fifth-year club option for 2015.

Patrick Peterson DB ARI 4 Months

DC Todd Bowles said Patrick Peterson will still be asked to shadow receivers at times.

In theory, the Cardinals could just "play sides" with their corners as long as newly signed Antonio Cromartie returns to 2012 form. But that would represent an under-utilization of Peterson, a potentially dominant press-man corner that is entering his prime. "It won't influence what Pat does," Bowles said of Cromartie's arrival. "They both match up well. Some games Pat will be matching up, some games Cromartie will be matching up, depending on the receiver."

Patrick Peterson DB ARI 4 Months

The Arizona Republic reports the Cardinals plan to exercise Patrick Peterson's fifth-year option for 2015 this offseason, and to begin extension talks.

The Cards have until May 3 to officially exercise Peterson's option. The extra year of team control gives Arizona leeway in long-term talks. Peterson fired his agent in January, fueling speculation that he was angling for an extension. Peterson passed up an opportunity last month to say he wouldn't hold out.

Patrick Peterson DB ARI 6 Months

Appearing on Tuesday's Pro Football Talk on NBC Sports Network, Patrick Peterson passed up an opportunity to say he wasn't considering a holdout.

Angling for a contract extension, Peterson recently switched agents. "I can't speak on that right now," Peterson said. "Me and my agent, we haven't talked about some of those possibilities. But hopefully we can get something done." Peterson is technically signed through just 2014, but the Cardinals can exercise a fifth-year option on his rookie contract. Arizona holds most of the cards in long-term talks.

Patrick Peterson DB ARI 6 Months

AZCardinals.com's Darren Urban doesn't expect CB Patrick Peterson to receive a contract extension this offseason.

Peterson recently changed agents, leading to speculation that he's pushing for a new deal. The Cardinals can exercise a fifth-year option to keep Peterson under contract through 2015, and seem likely to wait until next year to begin long-term talks. Peterson has made the Pro Bowl in two straight seasons and graded out as the No. 16 corner in Pro Football Focus' year-end ratings. He's expected to command over $50 million guaranteed on his next contract.

Patrick Peterson DB ARI 8 Months

Patrick Peterson fired his agent, Patrick Lawlor, on Monday night.

Peterson is expected to hire Joel Segal of Lagardere Unlimited as his new representation, just a few months before he's set to begin negotiating a long-term deal with the Cardinals. Peterson has one year left on his rookie deal following the 2013 season, and he's expected to command over $50 million guaranteed on a new contract. Peterson is Pro Football Focus' No. 8 corner.