So, you think that the pats have the leverage, and should threaten to cut him. If Agholor stays, his AAV is more likely to go up, rather than down.
=============
I would say to bring it on. Agholor has already collected just under $12M and the team guarantees $5M more this year. He can go out and sign a new contract with someone for a $1M salary and a bonus say of $10M over a couple of years. The patriots would kick in $4M more of guaranteed salary. Obviously the 2023 salary would also be negotiated.
I'm pretty sure that the bonus doesn't count against the patriot guarantee. If it does, then the contract could have more money guaranteed in 2023. Also, incentives could be worked out.
In any case, Agholor could have his choice, knowing that he can wait until late in the season to sign, knowing that he is getting $5M from the patriots.
============
BOTTOM LINE
Agholor will either be traded, extended or left alone. Agholor should feel no pressure to modify his contract.
I haven't a clue why folks would want to make the team weaker, which they would by cutting Agholor. Given his injury history, I would think that Parker is likely to produce less that Agholor this year. But that's fine. Having both is great. And maybe the rookie will produce a lot immediately, or not.
I COULD see Agholor traded if Belichick has a veteran that he wants to add as his replacement. Given his attractive salary, I find that unlikely,