DeVante Parker Contract: Salary, Cap Hit & Potential Extension

min read
New England Patriots tight end Hunter Henry (85) and wide receiver DeVante Parker (1) celebrate a touchdown during the second half of an NFL football game against the Buffalo Bills on Sunday, Jan. 8, 2023, in Orchard Park, N.Y.
(AP Photo/Joshua Bessex)
BetMGM Staff @BETMGM Mar 28, 2023, 12:52 PM

Drafted No. 14 overall in 2015 by the Miami Dolphins, wide receiver DeVante Parker has found a new home with the New England Patriots.

DeVante Parker Salary

Parker was drafted by the Dolphins and played his first seven seasons there before signing with the New England Patriots. Parker signed a four-year, $30,500,000 contract with the Miami Dolphins, including a $9,500,000 signing bonus, $21,750,000 guaranteed, and an average annual salary of $7,625,000.

DeVante Parker Cap Hit

The 30-year-old carries a $6,206,250 cap hit in 2023.

DeVante Parker Potential Extension

Parker’s skill at wide receiver has always been there, but results haven’t consistently translated. His most successful statistical season came in 2019, where he tallied 1,202 yards with nine touchdowns. He hasn’t come close to recreating those numbers and has had difficulty staying on the field for an entire season.

Parker’s coming off his first year with the Patriots, where he suited up for 13 games and tallied 539 receiving yards. That’s been on par with what’s expected of Parker, meaning his 1,000-yard season looks more like an outlier. Still, teams continue to be enamored by his size and skill, which will likely land him another short-term contract in the league.

Mobile Sports Betting

At BetMGM, you can bet online from your desktop computer with online sports betting or your phone with mobile sports betting.

With the BetMGM Sportsbook app, you can view updated sports betting odds, including live betting odds, NFL odds, and college football spreads. Download the BetMGM Sportsbook app to start betting!

If you don’t have a sportsbook account, register today with BetMGM’s welcome bonus. And check back for the best sportsbook promotions each day of the year.

betmgm-nco-jamie-foxx
About the Author

BetMGM Staff

Read More @BETMGM

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.