The Ravens have restructured Marcus Peters‘ contract (Twitter link via NFL.com’s Ian Rapoport). The Ravens will now have $3.5MM in additional cash this offseason. The cornerback was initially set to collect $11.5MM in base pay with a $13.5MM cap hit. Now, he’ll get $10MM in base salary and count for $10MM on the books. 
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Peters re-upped with the Ravens towards the end of 2019 on a three-year, $42MM deal with $32MM guaranteed. Twice traded, the deal gave Peters both financial and football security. Given his talent, the $14MM/year deal was a clear win for the Ravens. Together with Marlon Humphrey, he’s given Baltimore one of the best CB duos in the NFL.
This past year, Peters notched 52 tackles, four interceptions (plus one in the playoffs), four forced fumbles, and two fumble recoveries. Since entering the league in 2015, Peters has notched 31 interceptions, more than any other player in the league over the last six years.