Dolphins Signing WR DeVante Parker To Four-Year Extension Worth Over $40M

Jeremy Fowler of ESPN reports that the Dolphins and WR DeVante Parker are on verge of a contract extension that will keep him under team control through 2023.

  • Tom Pelissero reports that Parker receivers a four-year extension worth over $40 million from the Dolphins. 
  • Ian Rapoport adds that Parker’s deal includes $21.5 million in guarantees with an $8 million signing bonus.

Parker has put together a solid year for Miami and is clearly one of the players they’re looking to build around moving forward.

He got off to a slow start upon entering the league and had even come up as a trade candidate the past few years. However, Parker has turned things around and looks to have found a long-term home with the Dolphins. 

Parker, 26, 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 last year.

Miami later signed Parker to a two-year contract worth up to $13 million with incentives this past March. He was set to make a base salary of $4.4 million with the Dolphins for the 2020 season.  

In 2019, Parker has appeared in 13 games for the Dolphins and caught 55 passes for 882 yards receiving and six touchdowns.

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