<p> The Arizona Cardinals have struck a five-year, $70 million contract extension with cornerback Patrick Peterson that includes $48 million in guaranteed money.</p> <p> That makes him the highest paid cornerback in the NFL.</p> <p> The deal trumps recent contracts from Cleveland Browns cornerback Joe Haden (five years, $68 million) and Seattle Seahawks cornerback Richard Sherman (four years, $66 million).</p> <p> Peterson is now under contract through the 2020 season.</p> <p> Peterson was drafted fifth overall in 2011 out of LSU.</p> <p> Peterson is a two-time All-Pro who has a dozen career interceptions.</p> <p> Peterson is a three-time Pro Bowl selection who tied an NFL record with four touchdowns as a rookie returning punts.</p> <p> Peterson has even played offense in the past, lining up at wide receiver.</p> <p> Follow me on Twitter: <a href="http://www.twitter.com/RavensInsider">@RavensInsider</a></p> <p> Aaron Wilson covers the Ravens for The Baltimore Sun</p>