Edelman, 34, is a former seventh-round pick of the Patriots back in 2009. He was entering the final year of his four-year, $17 million contract when the Patriots to a two-year extension worth up to $18 million last year.
Edelman stands to make a base salary of $3,300,000 for the 2020 season.
In 2020, Edelman has appeared in six games for the Patriots and caught 21 passes for 315 yards receiving and no touchdowns. He has also rushed twice for 22 yards.