Parker will miss at the least the next three games while on injured reserve.
Parker, 28, is a former first-round pick out of Louisville by the Dolphins in the 2015 NFL Draft. He played out the final year of a four-year, $10.876 million rookie contract when the Dolphins picked up his fifth-year option.
Miami later signed Parker to a two-year contract worth up to $13 million with incentives in 2019. He was set to make a base salary of $4.4 million with the Dolphins for the 2020 season when Miami signed him to a new four-year, $40 million deal.
In 2021, Parker has appeared in five games for the Dolphins and caught 25 passes for 327 yards receiving and one touchdown.