Saints: Top 10 NFL free agents for less than $5 million

Jason Peters, LT, Philadelphia Eagles

Jason Peters has been in the league now for 17 years and that is a huge accomplishment playing the position that he plays. In the offensive line, you are in the trenches upwards of 1,000 times per season battling a defensive lineman.

The New Orleans Saints are likely going to lose backup Nick Easton this year by release to save cap space. They can then turn around and bring in a guy like Jason Peters who could fill that backup role perfectly.

In 2020, he only started eight games; but in those eight games, Peters player 100% of offensive snaps in four of them and over 90% in six of the eight. He is nowhere near being a starter again due to his age, but he is a perfectly viable backup option which is what New Orleans would need.

Peters is coming off of a 1 year, $4 million deal. Due to the injuries he suffered this year as well, he won’t be looking at a contract worth that much. It is much cheaper than the contract of 4-year, $23 million that Nick Easton is currently on.

Offer: 1-year, $2 million

Saints’ Savings: $9 million per year