Peterman was cut by the Saints on Friday in a corresponding move to the addition of Samson Nacua, Matthew Paras of The New Orleans Times-Picayune reports.
Peterman's stint with the Saints is now over after being signed to the team back in March. The 6-foot-2 quarterback was the third-string quarterback in Chicago's offense this past season, and he will now likely search for a team to give him a similar opportunity ahead of the 2024 season.