Peerless said in an interview several months ago that he'd like to play in a system like Buffalo's. And he knows the players, the area, the management, and the fans. I could see him returning and I think his ego has taken a serious blow over the past few years. And if he's expecting to get a big payday, he'd got a rude awakening coming.
Oh and he could TRY to compete with Lee for #2, but he'd fail miserably. That being said, he'd make a great #3.