A seven-year NFL veteran, the wide receiver returns to the Bills
after failed stints with Atlanta and Dallas -- moves that came after
he forced a trade from Buffalo to the Falcons three years ago. His
new contract is worth more than $10 million and includes additional
incentives should he take over as the Bills No. 1 receiver.
The Bills' move to sign Peerless Price is a good one, but the fact they gave him a four-year, $10 million contract signifies a few things about how Buffalo is approaching its wide receiver situation for 2006.
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The signing comes a week after the Bills traded disgruntled
starter Eric Moulds to Houston. Price is expected to compete for
his former No. 2 spot behind Lee Evans, who has begun practicing at
Price's agent, Tim McGee, said Moulds' departure led him to
contact the Bills last week, believing the team could use an
established receiver and his client could regain his spark in a
"Very seldom do you see all the things fall in place in this
business, but I thought it was one of those situations where it was
a no-brainer," said McGee. "When I called him and told him what I
wanted to do, he probably thought that I was a little crazy. ...
But I thought it was a win-win situation."
Price was Buffalo's second-round pick in the 1999 draft and
enjoyed his best season in 2002 when he and Moulds were among the
NFL's most productive duos. Price set career highs that season with
94 catches for 1,252 yards and nine touchdowns, finishing second to
Moulds, who set franchise records with 100 catches for 1,292 yards.
The solid production then came in the final year of Price's
The Bills initially prevented Price from becoming a free agent
by designating him their franchise player. With Buffalo's
permission to seek a trade, Price negotiated a $37 million deal
that included a $10 million bonus with Atlanta. In return, the
Falcons traded Buffalo a first-round draft pick.
Price struggled in Atlanta, failing to build a chemistry in a
predominantly run-oriented system behind quarterback Michael Vick.
He had 109 catches for 1,413 yards and seven touchdowns in two
years with the Falcons before he was released before last season.
Price then signed with Dallas, reuniting with former Bills
quarterback Drew Bledsoe. But he again struggled in finding his
role. He was released by the Cowboys in December after getting six
catches for 96 yards in only seven games.
All Price needed, McGee said, was to find the right fit.
"He got a taste of the grass on the other side. And I don't
necessarily say the grass wasn't greener. But sometimes you've got
to go back home. It's kind of funny," McGee said. "He's the same
wide receiver he was when he caught 90-plus balls in Buffalo."
In 103 career games, including 83 starts, Price has 347 catches
for 4,811 yards and 28 touchdowns.
"Peerless has shown what he can do," McGee said. "It's just a
matter of getting refocused and rekindle his career by showing he
can do it. He hasn't lost a step."