Marcus Peters was slated to become a free agent after the season, but he's not going anywhere.
The Ravens announced Saturday that they have extended Peters' contract, keeping one of the NFL's top cornerbacks in Baltimore. The deal was announced on the eve of the Ravens' regular-season finale.
"We're excited to announce we've extended the contract of Marcus Peters," General Manager Eric DeCosta said.
Since being acquired in a trade with the Los Angeles Rams in October, Peters already has three interceptions in nine games, returning two for touchdowns against Seattle and Cincinnati, respectively.
Still only 26 years old, Peters was named to the Pro Bowl for the third time this season and he has more interceptions (27) than any NFL cornerback since entering the league in 2015.
The Ravens (13-2) haven't lost a game since Peters joined the team, and his ability to create turnovers has added a dynamic dimension to the defense. During his career, with Kansas City Chiefs, Rams, and Ravens, Peters has returned six interceptions for touchdowns.
In Week 14 against the Buffalo Bills, Peters preserved a 24-17 victory by breaking up a pass intended for wide receiver John Brown on fourth down late in the game.
Peters, Marlon Humphrey, Jimmy Smith and Brandon Carr give the Ravens the NFL's deepest cornerback rotation, allowing the Ravens to blitz with no fear of leaving their cornerbacks in one-on-one coverage. The extension means the Ravens will continue to have one of the NFL's elite cornerback units, with Peters, Humphrey, Carr and Tavon Young, who will return from a knee injury, all under contract next year.
With Peters in the fold, the Ravens can look forward to him making many more big plays in a Ravens uniform.