Colby Parkinson
2024 Cap Hit
$3,583,333
2024 Cash
$7,750,000
Career Earnings
$11,572,299
2024-2026 Free Agent (CURRENT)
Colby Parkinson signed a 3 year , $22,500,000 contract with the Los Angeles Rams, including $6,250,000 signing bonus, $15,500,000 guaranteed, and an average annual salary of $7,500,000. In 2024, Parkinson will earn a base salary of $1,500,000 and a signing bonus of $6,250,000, while carrying a cap hit of $3,583,333 and a dead cap value of $10,250,000.
Year | Age | Status | Base P5 Salary | Signing Bonus | Roster Bonus | Cash Total | Cash Cumulative | AYC Cumulative | AYC Remaining | |
---|---|---|---|---|---|---|---|---|---|---|
2024 | 25 | $1,500,000 | $6,250,000 | - | $7,750,000 | $7,750,000 | $7,750,000 | $7,500,000 | ||
2025 | 26 | $5,250,000 | - | $2,500,000 | $7,750,000 | $15,500,000 | $7,750,000 | $7,375,000 | ||
2026 | 27 | $5,500,000 | - | $1,500,000 | $7,000,000 | $22,500,000 | $7,500,000 | $7,000,000 |
- $10.25M guaranteed (signing bonus + 2024 salary + 2025 roster bonus)
- 2025 salary becomes fully guaranteed the 5th league day of 2025 (injury guaranteed at signing)
- 2025 Roster Bonus: $2.5M (guaranteed)
- 2026 Roster Bonus: $1.5M
2020-2023 Rookie
Colby Parkinson signed a 4 year , $3,965,440 contract with the Seattle Seahawks, including $670,440 signing bonus, $670,440 guaranteed, and an average annual salary of $991,360.
Career Earnings thru 2024
$11,572,299
Career Earnings w/ Different Teams
1 team
Earnings Per Year
Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
---|---|---|---|---|---|---|
2020 | 21 |
Active
|
$1,193,966 |
$1,193,966 |
||
2021 | 22 |
Active
|
$723,333 |
$1,917,299 |
||
2022 | 23 |
Active
|
$895,000 |
$2,812,299 |
||
2023 | 24 |
Active
|
$1,010,000 |
$3,822,299 |
||
2024 | 25 |
Active
|
$7,750,000 |
$11,572,299 |
||
Total |
$11,572,299 |
$11,572,299 |
||||
2025 | 26 |
Active
|
$7,750,000 |
$19,322,299 |
||
2026 | 27 |
Active
|
$7,000,000 |
$26,322,299 |
||
Total |
$26,322,299 |
Year | Team(s) | Age | Base | Signing | Roster | Restructure | Option | Workout | Incentives | Cash Total | Cash Cumulative |
---|---|---|---|---|---|---|---|---|---|---|---|
2020 |
|
21 |
$523,527
|
$670,440 |
$1,193,966 |
$1,193,966 |
|||||
2021 |
|
22 |
$723,333
|
$723,333 |
$1,917,299 |
||||||
2022 |
|
23 |
$895,000
|
$895,000 |
$2,812,299 |
||||||
2023 |
|
24 |
$1,010,000
|
$1,010,000 |
$3,822,299 |
||||||
2024 |
|
25 |
$1,500,000
|
$6,250,000 |
$7,750,000 |
$11,572,299 |
|||||
Total |
$4,651,860 |
$6,920,440 |
$11,572,299 |
$11,572,299 |
|||||||
2025 |
|
26 |
$5,250,000
|
$2,500,000 |
$7,750,000 |
$19,322,299 |
|||||
2026 |
|
27 |
$5,500,000
|
$1,500,000 |
$7,000,000 |
$26,322,299 |
|||||
Total |
$15,401,860 |
$6,920,440 |
$4,000,000 |
$26,322,299 |
Earnings Per Team
Years | Team | Base | Signing | Roster | Restructure | Option | Incentives | Cash Cumulative |
---|---|---|---|---|---|---|---|---|
4 | $3,151,860 | $670,440 | - | - | - | - | $3,822,299 |
Year | Team | GP | GS | Snaps | Snaps% | Receiving Targets | Receiving Receptions | Receiving Yards | Receiving Yards/Rec | Receiving Yards/Gm | Receiving Touchdowns | Fum |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | SEA | 17 | 1 | 455 | 45.70 | 34 | 25 | 247 | 9.9 | 14.5 | 2 | 0 |
2022 | SEA | 17 | 2 | 443 | 40.50 | 34 | 25 | 322 | 12.9 | 18.9 | 2 | 0 |
2021 | SEA | 14 | 1 | 187 | 22.50 | 8 | 5 | 33 | 6.6 | 2.4 | 0 | 0 |
2020 | SEA | 6 | 51 | 7.70 | 2 | 2 | 16 | 8.0 | 2.7 | 0 | 0 |
Calculated Market Value
Market Value
- 3 years, $16,907,628
- Avg. Salary: $5,635,876
- NFL Rank: 410
- TE Rank: 24
Current Contract
- Free Agent: 2027
- Avg. Salary: $7,500,000
- NFL Rank: 320
- TE Rank: 18
Comparable Players
We've selected the following players based on their age, contract status, and statistical production to compare Colby Parkinson to.
Player | Length | Value | Avg. Salary | Age When Signed |
---|---|---|---|---|
Ian Thomas | 3 | $16,950,000 | $5,650,000 | 25 |
Donald Parham | 2 | $2,535,000 | $1,267,500 | 25 |
Durham Smythe | 2 | $7,750,000 | $3,875,000 | 27 |
Will Dissly | 3 | $24,000,000 | $8,000,000 | 25 |
Averages | 3 | $12,808,750 | $4,698,125 | 25.5 |
Base Calculated Value
After adjusting the above contracts as if signed at Parkinson's current age (25), a linear regression is performed, providing us with the following initial value.
Length | Value | Avg. Salary |
---|---|---|
3 | $14,993,685 | $4,997,895 |
Statistical Comparisons
Now we'll compare our variables and Parkinson statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Rec Tgt/Gm, Rec/Gm, Rec Yds/Gm, Rec TD/Gm, YAC/GM, Drops/Gm, Rating
Player | GP% | Rec Tgt/Gm | Rec/Gm | Rec Yds/Gm | Rec TD/Gm | YAC/GM | Drops/Gm | Rating |
---|---|---|---|---|---|---|---|---|
Ian Thomas
2020-2021
|
100.00 | 1.85 | 1.15 | 10.09 | 0.03 | 5.19 | 0.09 | 47.50 |
Donald Parham
2021-2022
|
58.82 | 1.95 | 1.50 | 16.00 | 0.20 | 9.00 | 0.05 | 74.40 |
Durham Smythe
2021-2022
|
97.06 | 1.85 | 1.48 | 14.73 | 0.03 | 6.61 | 0.03 | 59.80 |
Will Dissly
2020-2021
|
93.94 | 1.77 | 1.45 | 15.55 | 0.10 | 9.87 | 0.13 | 65.85 |
Average | 87.46 | 1.86 | 1.40 | 14.09 | 0.09 | 7.67 | 0.08 | 61.89 |
Colby Parkinson
2022-2023
|
103.03 | 2.00 | 1.47 | 16.74 | 0.12 | 7.06 | 0.06 | 63.95 |
Pct Change | 17.80 | 7.53 | 5.00 | 18.81 | 33.33 | -7.95 | 25.00 | 3.33 |
Median Prime % Change | 12.67% | |||||||
Average Prime % Change | 12.86% |
Calculated Market Value: Colby Parkinson
After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.
Terms | Avg. Salary |
---|---|
3 years, $16,907,628 | $5,635,876 |