The three-year contract extension that DeVante Parker reached with the New England Patriots in June will create about $2.4 million in cap space for 2023.
As ESPN’s Field Yates detailed on Thursday, the veteran wide receiver’s new agreement carries fully guaranteed base salaries over the next two campaigns with the chance to earn more.
A total of $14 million remains guaranteed. But boxes will need to be checked to get within shouting distance of the $33 million maximum value.
Parker, who turned 30 in January, moves forward with $4.9 million in reported annual statistical incentives for up to $14.