PHOENIX // Patrick Peterson is the highest-paid cornerback in the NFL.
Just ask him.
Not only did he tweet out the terms of his new contract – five years, US$70 million (Dh257m), $48m guaranteed – he referred to himself as the highest-paid at his position at least five times in the Arizona Cardinals news conference announcing the new deal, twice before he was asked a question.
He previously has suggested he is the league’s best cornerback, as well as “a face of the organisation”. Now he says he has higher goals: the play-offs, a Super Bowl title, the Hall of Fame.
Peterson’s words may seem proud, but his manner is more matter-of-fact.
“He’s earned it,” said Michael Bidwill, the Cardinals president, “and I agree: he’s the best corner in the league.”
Peterson had two years left on his first contract before the Cardinals gave him a new deal. “It shows that we’re a first-class organisation,” Peterson said. “We want to get the job done. We want to win, that’s the most important thing.”
By tweeting out his deal, Peterson made sure everyone knew his contract was bigger than that of Seattle’s Richard Sherman, the other prime candidate for “top cornerback” consideration.
The two have carried on a Twitter rivalry for some time. Sherman recently signed a four-year, $56m contract, $40m guaranteed.
Peterson rubbed it in with a tweet that said “You mad bro!!!” followed by five faces crying. Sherman responded with a close-up photo of his Super Bowl championship ring and wrote: “Can’t ever be too mad.”
“I don’t have any beef with Richard,” said Peterson, whose Cardinals play Sherman’s Seahawks twice each season. “I’m having fun. I don’t know if he’s having fun, but I think it’s going to make me take my game to the next level.”
He noted some of Sherman’s tweets are “a little salty”.
“I guess it will be must-watch TV when we play Seattle,” Peterson said.
Peterson’s is the second-largest contract in Cardinals’ history, exceeded only by the eight-year contract worth up to $120m, with nearly $50m guaranteed, that Larry Fitzgerald signed in 2011.
Peterson does not cover a particular part of the field, as Sherman does, but is assigned to the opponent’s best receiver, wherever he lines up.
“Twenty-four years old, 48 straight starts,” Cardinals general manager Steve Keim said. “In my humble opinion, there isn’t another corner in the league that has his size, speed, athleticism, explosiveness, ball skills.
“On top of that, Pat will probably be the first to tell you he hasn’t even scratched the surface yet, which is actually scary considering the fact that he could redefine the position.”
Peterson said “it’s a big deal” to have the biggest contract at his position.
“I think I have done a lot in my young career to be recognised not only as the best cornerback in the league, but as the highest-paid cornerback in the league,” he said. “I think my body of work is only going to get better.”
Peterson said the contract won’t mean an added burden.
“Honestly, I don’t think my responsibilities have grown,” he said, “because I’ve been the guy that wants to get better each and every day. I want to be the guy who leads this team. I want to be a face of this organization. I have accomplished that in my first three years. Now it’s getting championships.”
Peterson, who turned 24 on July 11, has made the Pro Bowl each of his three NFL seasons after Arizona selected him with the fifth overall pick in the 2011 draft. He made it as a punt returner in his rookie season, and as a cornerback the past two years. He and Sherman were first-team All-Pro last season.
“He’s very, very mature,” Cardinals coach Bruce Arians said. “I don’t like using that role model word, but he’s a perfect citizen.”
Peterson has become a mentor for safety Tyrann Mathieu, who also went to LSU and had marijuana-related problems before coming to the NFL last year and excelling as a rookie before going down with a late-season knee injury.
Now, Peterson said, it’s time for him to aim for more.
“I want to be in the Hall of Fame someday,” he said. “I have bigger goals than a massive contract. I haven’t been to the playoffs since I’ve been here. I had one winning season since I’ve been here. I want to bring a championship to this city, to this organization. I want to hoist that Lombardi Trophy.”
sports@thenational.ae
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Sector: Health Tech
Staff: 119
Funding: €7.7 million (Dh31m)
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Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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