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The Saints are signing Peterman to a contract Thursday, Nick Underhill of NewOrleans.Football reports.

Peterman played four snaps as the Bears' third-string quarterback last season but didn't attempt a pass. Now, he'll get an opportunity to compete for a similar spot, if not potentially the top backup role, behind Derek Carr in New Orleans. Peterman previously backed up Carr during their time together with the Raiders.

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