Vikings Free Agent Coined a ‘Buy Low’ Asset

Jan 8, 2023; Chicago, Illinois, USA; Minnesota Vikings cornerback Patrick Peterson (7) celebrates his interception with teammates during the second quarter against the Chicago Bears at Soldier Field. Mandatory Credit: Daniel Bartel-USA TODAY Sports

The Minnesota Vikings have 16 free agents who can sign anywhere in the NFL in two weeks:

  • Kris Boyd (CB)
  • Garrett Bradbury (C)
  • Jonathan Bullard (DL)
  • Andrew DePaola (LS)
  • Ben Ellefson (TE)
  • Bisi Johnson (WR)
  • Greg Joseph (K)
  • Alexander Mattison (RB)
  • Nick Mullens (QB)
  • Patrick Peterson (CB)
  • Austin Schlottman (C)
  • Duke Shelley (CB)
  • Irv Smith (TE)
  • Dalvin Tomlinson (DT)
  • Chandon Sullivan (CB)
  • Oli Udoh (OT)

It’s a safe bet to assume about half will stay and half will leave.

Vikings Free Agent Coined a ‘Buy Low’ Asset

And according to Pro Football Focus, one man meets the threshold as a “buy low” asset, with the potential to thrive in 2023 for whichever team signs on the dotted line. That’s Patrick Peterson.

Free Agent Coined
Dec 24, 2022; Minneapolis, Minnesota, USA; Minnesota Vikings cornerback Patrick Peterson (7) celebrates his interception against the New York Giants during the fourth quarter at U.S. Bank Stadium. Mandatory Credit: Matt Krohn-USA TODAY Sports.

Peterson was fantastic in 2022, truly turning the clock back about four years to his days with the Arizona Cardinals. He notched a 77.8 PFF grade in 2022, ranking 13th in the NFL among all cornerbacks.

PFF’s Gordon McGuinness tabbed Peterson as the NFL’s lone buy-low free agent at CB and explained, “Age means that Peterson is currently projected to land a one-year, $5 million contract in free agency. While a team would be gambling a little given that he is now 33 years old, this is also the player who ranked eighth among cornerbacks with a 79.7 PFF coverage grade and tied for second at the position with five interceptions this past season.”

8x Pro Bowler Enthusiastic
Dec 17, 2022; Minneapolis, Minnesota, USA; Minnesota Vikings cornerback Patrick Peterson (7) looks on before the game against the Indianapolis Colts at U.S. Bank Stadium. Mandatory Credit: Matt Krohn-USA TODAY Sports.

While the 32-year-old can sign with any team on March 15th, Peterson seemed to hint at a return to Minnesota in 2023. He tweeted this on Super Bowl Sunday:

https://twitter.com/P2/status/1624811095746809856?s=20

That trio of emojis, coupled with the full Vikings uniform, appears to imply he isn’t going anywhere. Otherwise, he probably could’ve selected from a slew of photos not wearing Vikings colors — or not tweeted at all. But we shall see.

McGuiness is correct about Peterson’s potential value because Peterson has already lived it — in 2022. He played on a one-year, $4 million deal last season, far exceeding the value of his contract. In fact, he — with a side dish of Duke Shelley — were season-savers for the Vikings defense.

The Minnesota Vikings Are Super Bowl Contenders
Nov 13, 2022; Orchard Park, New York, USA; Minnesota Vikings safety Harrison Smith (22) greets cornerback Patrick Peterson (7) after Peterson made an interception in overtime to defeat the Buffalo Bills at Highmark Stadium. Mandatory Credit: Mark Konezny-USA TODAY Sports.

PFF also recently mentioned the Cincinnati Bengals as a free-agent destination for Peterson and claimed he wouldn’t fit in the Vikings new defensive system, “With Brian Flores’s heavy man coverage scheme coming to town, it’s likely that the 33-year-old Peterson won’t fit in their plans.”

With or without Peterson, Minnesota must seek a cornerback solution this offseason, as only Andrew Booth, Cameron Dantzler, and Akayleb Evans are under contract in 2023. General manager Kwesi Adofo-Mensah must re-sign Peterson and Shelley, scour the open market for a new CB1, or explore the early round of the NFL draft for a corner.

Peterson said on his podcast All Things Covered in January about staying with the Vikings, “I would love to be there in that purple and gold again and give it a run again just because I love the community there. I love the organization. I love the new regime that [was] brought into that building, the trainers, the strength and conditioning staff. It’s just amazing. I truly believe it felt like home for me. I felt like it was a place that I belonged. But we all know it’s a business.”


Dustin Baker is a political scientist who graduated from the University of Minnesota in 2007. Subscribe to his daily YouTube Channel, VikesNow. He hosts a podcast with Bryant McKinnie, which airs every Wednesday with Raun Sawh and Sal Spice. His Vikings obsession dates back to 1996. Listed guilty pleasures: Peanut Butter Ice Cream, ‘The Sopranos,’ and The Doors (the band).

All statistics provided by Pro Football Reference / Stathead; all contractual information provided by OverTheCap.com.

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Dustin Baker is a novelist and political scientist. His debut thriller, The Motor Route , is out now. He ... More about Dustin Baker