The details behind DeVante Parker’s contract extension are here

Last week, the Patriots signed wide receiver DeVante Parker to what was reported at the time as a three-year, $33 million contract extension.

However, as is typically the case with NFL contracts those numbers represent the full maxed-out potential of the deal and not the reality of the contract.

On Thursday,

DeVante Parker’s 3-year, $33M max deal includes:
- $4.9M in incentives annually ($14.7M max)
- $400K in per game roster bonuses annually ($1.2M max)
- fully guaranteed salaries in 2023 and 2024
- the deal creates about $2.4M in 2023 cap space

— Field Yates (@FieldYates) July 6, 2023?s=20" target="_blank" rel="noopener">ESPN’s Field Yates was the first to report the details of the contract. The structure, as expected, is much less of a financial commitment on the Patriots’ side of things.

Of the $33 million available in the contract, $14 million is guaranteed. All of that guaranteed money in contained in the first two years, meaning the Patriots should have a relatively easy out in the final year of the deal in 2025, when Parker will be 32.

On top of that, Parker has $1.19 million available in per-game roster bonuses this season, then $1.7 million in each of the next two seasons. That number could end up mattering for Parker, who has missed a total of 10 games over the last two seasons and has played a full season just once in eight NFL seasons.

The remaining money is mostly made up of statistical incentives. There is also an All-Pro incentive in each year of the deal.

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By restructuring the deal, the Patriots opened about $2.4 million in salary cap space for this season. Parker originally had a $6.2 million fully non-guaranteed cap hit prior to the extension.

That leaves the Patriots with just over $16.5 million in projected cap space, according to

My new Patriots salary cap space number after accounting DeVante Parker’s extension but not Ja’Whaun Bentley’s is $16,588,902 - a $2,442,917 increase.

— Patscap (@patscap) July 6, 2023?s=20" target="_blank" rel="noopener">Patriots salary cap expert Miguel Benzan. However, that number should be considered temporary, as we’re still waiting on the details of the extension signed by linebacker Ja’Whaun Bentley, the day after Parker’s extension was signed. That extension has not been factored into Benzan’s number.

Alex Barth is a writer and digital producer for 985TheSportsHub.com. Any opinions expressed do not necessarily reflect those of 98.5 The Sports Hub, Beasley Media Group, or any subsidiaries. Thoughts? Comments? Questions? Looking for a podcast guest? Let him know on Twitter @RealAlexBarth or via email at [email protected].

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Patriots cornerback shares his thoughts on the NFL's gambling policy

• Ever since current Jaguars wide receiver Calvin Ridley was suspended for sports betting for betting on sports last spring, the issue of NFL players betting on sports has been a contentious topic. While the latest CBA

  Reminder that these are the main six gambling rules that NFL players must abide by. #Titans starting OT Nicholas Petit-Frere broke rule No. 2, per @AdamSchefter, so he’ll be suspended the first six games of the season.#Colts play at Tennessee in Week 5. pic.twitter.com/ShENC2kdpa

  — James Boyd (@RomeovilleKid) June 29, 2023?s=20" target="_blank" rel="noopener">created some more flexibility, many players have still criticized the policies.

  In the wake of these recent suspensions, players have once again shared their thoughts. That includes Patriots cornerback Jonathan Jones, who took to Twitter Thursday night.

  “I understand rules are rules, But (sic) I can risk my life so that my team wins but I can’t risk 1k on my team winning,” he tweeted, followed by the shrug emoji.

• I understand rules are rules, But I can risk my life so that my team wins but I can’t risk 1k on my team winning 🤷🏾‍♂️

  — J Jones (@justjjones) June 29, 2023

• Jones also replied to fans replying to his tweet, further explaining some of his thoughts – including on players betting on their own games. “If you don’t give maximum effort you lose you job more than any bet,”

  If you don’t give maximum effort you lose you job more than any bet. This isnt boxing you can’t get 92 players on a Sunday to not show maximum effort.

  — J Jones (@justjjones) June 30, 2023?s=20" target="_blank" rel="noopener">he said to one user.” This isnt boxing you can’t get 92 players on a Sunday to not show maximum effort.

  In another reply, Jones clarified he doesn’t bet on sports himself but still sees an issue with the policy. “I don’t bet on sports the ROI isn’t that great,”

  I don’t bet on sports the ROI isn’t that great. I’m only arguing logic

  — J Jones (@justjjones) June 29, 2023?s=20" target="_blank" rel="noopener">he explained. “I’m only arguing logic.”

  Overall,

  Updated list of player gambling suspensions the last 2 years:
  
  At least 1 year (bets on NFL):
  - WR Calvin Ridley
  - CB Isaiah Rodgers
  - LB Rashod Berry
  - DT Demetrius Taylor
  - S CJ Moore
  - WR Quintez Cephus
  - DE Shaka Toney
  
  6 games (non-NFL bets but done at work):
  - OT Nicholas…

  — Adam Schefter (@AdamSchefter) June 29, 2023?s=20" target="_blank" rel="noopener">10 players have now been suspended by the NFL for some for of gambling infraction in the last two years. This conversation likely isn’t going anywhere anytime soon either, especially as more states legalize sports betting.

• Alex Barth is a writer and digital producer for 985TheSportsHub.com. Any opinions expressed do not necessarily reflect those of 98.5 The Sports Hub, Beasley Media Group, or any subsidiaries. Thoughts? Comments? Questions? Looking for a podcast guest? Let him know on Twitter @RealAlexBarth or via email at [email protected].