The signing was made official in a team press release on Friday evening. The Packers were at the 90-man roster limit so released receiver Marcus Rivers, an undrafted rookie from Buffalo.
Pellerin (6-0, 194), a standout cornerback at Hampton, probably figures as a combination cornerback and safety in Green Bay. In fact, in the press release, the Packers list him as a safety. He ran a 4.61 40-yard dash at the Scouting Combine. He tweaked his hamstring during his first 40, which probably is why he went undrafted.
Pellerin, who was considered a mid- to late-round prospect, was hotly pursued in college free agency by about a dozen teams. The Packers were one of the teams on Pellerin's trail throughout the draft process, but when they drafted cornerback Casey Hayward in the second round and safety Jerron McMillian in the fourth round, Pellerin and agent David Sullivan jumped on what they thought would be a better opportunity to make a roster.
Instead, the Colts released Pellerin on Thursday to sign cornerback Korey Lindsey off waivers from Arizona.
Pellerin started his career at Southern Mississippi before becoming one of the top cornerbacks in the Football Championship Subdivision. Playing a lot of the Packers' preferred press-man coverage during his final two years at Hampton, Pellerin broke up 35 passes — including a FCS-high 19 as a senior, when he intercepted four passes.
"If you play well, they'll find you, and I felt like I performed well my last two years so I felt like I had a good chance," Pellerin told Packer Report before the draft. "I consider myself to have good ball skills. This past year, I was No. 1 in FCS in total passes defended, and the year before, I was No. 4. That definitely shows I can get the ball away."
Pellerin will have one week of organized team activities and the minicamp, which is scheduled for June 12-14. Also, the collective bargaining agreement allows rookies additional time, so Pellerin will have ample time to get comfortable with the playbook before training camp.
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Bill Huber is publisher of Packer Report magazine and PackerReport.com and has written for Packer Report since 1997. E-mail him at email@example.com, or leave him a question in Packer Report's subscribers-only Packers Pro Club forum. Find Bill on Twitter at twitter.com/PackerReport.