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

Peterman served as the third-string quarterback for the Bears in 2023, playing just four snaps. He did not attempt a pass during the 2023 season.

Peterman (coach's decision) is inactive against the Lions on Sunday, though he will serve as Chicago's emergency quarterback.

Peterman signed with Chicago's practice squad Monday, Kevin Fishbain of The Athletic reports.

Peterman was released by the Bears on Thursday, Chris Emma of 670TheScore.com reports.

Peterman is expected to be a healthy inactive for Sunday's matchup against the Broncos and has lost the backup quarterback spot to Tyson Bagent, Ian Rapoport of NFL.com reports.

Peterman re-signed with the Bears on Sept. 21, one day after being released, Patrick Finley of the Chicago Sun-Times reports.

Chicago released Peterman on Wednesday, Field Yates of ESPN reports.

Coach Matt Eberflus announced Peterman as Justin Fields' backup for Sunday's game against the Packers, Chris Emma of 670TheScore.com reports.

The Bears list Peterman as the second quarterback on their official depth chart ahead of Sunday's season opener versus Green Bay, Courtney Cronin of ESPN.com reports.