The Miami Dolphins are keeping receiver DeVante Parker. He is staying with the Dolphins for a base value of $11.1875 million, according to Ian Rapoport of the NFL Network. Parker gets $4.5 million guaranteed and has incentives worth $3 million. The second-year of the deal is team option for the Dolphins.

Rather than honoring the fifth-year option of Parker's 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. Parker 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 likely include Kenny Stills, Albert Wilson, Jakeem Grant and Brice Butler as the team’s five receivers. The Dolphins released Danny Amendola last week in order to clear $6 million in cap space, Miami was exploring free-agent receivers like Phillip Dorsett and Chris Hogan, but Parker's resigning likely ends those possibilities.

Miami has a new head coach, Brian Flores. Former head coach Adam Gase had kept Parker on the bench a few times last year, despite Parker believing that he was healthy enough to play. This prompted his agent, Jimmy Gould, to blast Gase.

“Parker is not only healthy but wants to help this team win and the only real question that should be asked is how does Coach Gase justify his own incompetence,” Gould said after the Dolphins’ October 21 loss to the Lions. “They averaged only 6.1 yards per pass catch. They needed Parker who is completely healthy and was in full participation all week and in warm ups this morning.”

Parker never reached the potential he had as the team's top pick four years ago, but with a new administration in Miami, he'll have every opportunity to prove himself anew.