DeVante Parker reached an agreement on a 3-year new contract worth up to $33M

[crownontherocks]

does this close the door on dhop? Or help clear more cap

 

[Joey007]

He’s not bad when healthy…

But why?

 

[KDPPatsfan85]

This might clear cap space!

 

[Family]

Don't know what this means other than Parker is not getting cut to pay for Hopkins, and we still don't have a guy to game plan around.

 

[Give Kraft A Hand]

Has to be cap space games

 

[patsinthesnow]

Waiting on the real numbers. $14 million in guarantees is low for a $33 million dollar contract. If his APY comes at 8-9 per that's reasonable.

I thought he would be out if they signed Hopkins. Hopefully that's not the case but I'm not sure about paying four veteran WRs. Maybe Bourne would be traded?

 

[Family]

Waiting on the real numbers. $14 million in guarantees is low for a $33 million dollar contract. If his APY comes at 8-9 per that's reasonable.

His last contract was $30 million and less than 11 million was guaranteed.

 

[203Pat]

 

[KDPPatsfan85]

 

[TheRazorsEdge]

Plot Twist..

Clearing up cap space for Dalvin Cook.

Kidding..

Maybe?

 

[Real fan 02]

He’s not bad when healthy…

But why?

I was thinking the same thing.. I like D parker.. when healthy he's shown he's a top level WR. The guy makes some great acrobatic catches.. health has been the only thing holding him back from being consistent.. I believe it means the team wants him here long term.. and likely frees up more cap room for D hop hopefully. I'm definitely not mad at the move! Also sends a good message and vibe to the locker room too!

 

[WinstonSmith]

Bold prediction: I now have Parker making the 53..

 

[RIpats88]

So that's what this is for...clear cap space

 

[TheBeers]

Interested to see the details on this extension, cap hit if cut after this season etc. Clearing a bit of space this year to potentially absorb a dead cap number when we massive amounts of cap room in the next 2yr makes plenty of sense.

 

[PowerRunRevival]

Seems like it gives Parker assurance he won’t be cut if DeAndre is signed and clears cap space for Hopkins, or Cook. Good for both sides!

 

[crawhammer]

Good player. He's a perfect WR3 if they land Hopkins and JuJu stays healthy. He's also a serviceable WR2 as needed. I like it.

 

[Sciz]

Thompson has a terrible habit of reporting speculation as fact, and this is no exception.

The $3.7M savings on OverTheCap (that some are rounding up to $4M) assumes that Parker’s salary is reduced to the minimum with the remainder of his previous 2023 salary being paid as a signing bonus prorated over five years, such that his 2023 cash after the extension matches his 2023 cash before the extension. Essentially, that column on the OTC chart is the maximum savings without the player taking a pay cut. We don’t have any of the details needed to calculate the true savings right now.

 

[Steve102]

 

[Family]

Glad I got in my over +7.5 wins before this news.

 

[Rob0729]

Could be enough that the could be making a play for both Hopkins and Cook. Rumors have the Pats in contention for Cook.