The New Orleans Saints have agreed to re-sign offensive lineman Andrus Peat to a five-year contract, the team announced Friday.

The deal is worth $57.5 million, with $33 million guaranteed, a source told ESPN, confirming a report by NFL Network.

Peat, who turned 26 in November, is a former first-round draft pick and a two-time Pro Bowler after being selected as an alternate in each of the past two seasons.