Davie (Sun Sentinel) — The Miami Dolphins restructured DeVante Parker’s contract Tuesday, ensuring that the wide receiver will remain with the team that drafted him for at least another year.
Instead of honoring the fifth-year option of his contract that Miami had opted into last summer, which would have paid the team’s 2015 first-round pick $9.4 million, the Dolphins signed him to a new two-year deal that could be worth as much as $13 million if all bonuses are triggered.
According to a league source, the Dolphins’ new coaching staff is intrigued by the skill-set the athletic 6-foot-3, 216-pound receiver brings to the offense, and want to see if they can bring out the best in the former Louisville standout.
The bonuses tied to Parker’s new contract are likely tied to playing time, and games he’s available for, which has been an issue during his injury-plagued career.
Parker, 26, has caught 163 passes for 2,217 yards and nine touchdowns in his first four seasons with the Dolphins, but missed 11 games due to various injuries.
Last season, he had 24 receptions for 309 yards and a touchdown in 11 games.
Parker’s return means Miami’s offense will feature Kenny Stills, Albert Wilson, Jakeem Grant and Brice Butler as the team’s five receivers, unless someone gets moved in a trade.
The Dolphins released Danny Amendola last week to clear $6 million in cap space. He quickly found a new home, agreeing to a one-year deal with the Detroit Lions on Monday that could pay him as much as $5.75 million if incentives are reached.
The Dolphins, who typically carry at least five receivers on their 53-man regular-season roster, also have Isaiah Ford in the fold.
Miami was exploring free-agent receivers like Phillip Dorsett and Chris Hogan, players who have ties to South Florida and worked under new Dolphins offensive coordinator Chad O’Shea when they were all with the New England Patriots.
Dorsett, a former St. Thomas Aquinas High star who was a standout receiver at the University of Miami, has caught 95 passes for 1,237 yards and six touchdowns in his first four seasons. He’s started four of the 32 games he played for the Patriots the past two seasons.
Hogan, a slot receiver the Dolphins had in training camp in 2012, has 194 receptions for 2,610 yards and 18 touchdowns in his seven NFL seasons.
Retaining Parker decreases the odds of Miami signing either player. But it’s possible that the Dolphins could add another receiver or two in the third wave of free agency, or the NFL draft in April.
The Dolphins haven’t been aggressive during the first wave of free agency, staying out of the bidding for some of the best players in the 2019 free-agent class. However, Miami did sign tight end Dwayne Allen to a two-year deal worth $7 million, and will likely become more involved as free agency progresses.
Miami also has a decision to make on defensive end Robert Quinn, who the franchise is attempting to trade. If Quinn is on the roster by 4 p.m. Friday, he’ll be owed a $1.1 million roster bonus. Releasing or trading Quinn would create $12.9 million in cap space for the Dolphins, who released defensive end Andre Branch and offensive guard Ted Larsen last week.
The Dolphins now have roughly $16 million in cap space, but can easily gain another $32 million by releasing Quinn and quarterback Ryan Tannehill, who is slated to earn $18.75 million in 2019. The Dolphins would need to release Tannehill with a June 1 designation to get the full allotment of cap space back. If Miami trades Tannehill, the Dolphins would only get $13.1 million in cap space back.