Peerman, currently an unrestricted free agent, led the Bengals with 15 special teams tackles in 2014 and has spent the last five seasons in Cincinnati generating 334 yards rushing on 64 attempts, including a rushing touchdown in 2012. Originally a sixth-round pick by the Ravens in 2009, Peerman was waived during final cuts that season, he then had a brief stint in Cleveland, and then was picked up by the Lions and added to their practice squad. Peerman was eventually waived by Detroit on April 25, 2010, and was claimed by the Bengals two days later.
Bengals.com had previously conjectured that the Bengals would like to get Peerman signed to a minimum deal as a special teams player. Peerman isn't going to surpass Jeremy Hill and Giovani Bernard and we're fairly certain that the team would prefer more of Rex Burkhead moving forward (at least in terms of the rarely-used third-string running backup role), so any need for him at running back is minimal.