Parker and the Eagles are in agreement on a one-year contract, Reuben Frank of NBC Sports Philadelphia reports.

EDGE Analysis

Frank suggests the Eagles will only have to pay Parker something around the veteran's minimum, with New England in line to cover most of his 2024 compensation. The Patriots reportedly are set to release Parker on Wednesday at the start of the 2024 league year, despite his $3.2 million base salary being fully guaranteed. The 31-year-old has never lived up to his status as the 14th overall pick in the 2015 NFL Draft, but he does have 5,660 receiving yards through nine season and should be in the mix for Philly's No. 3 WR job behind A.J. Brown and DeVonta Smith. None of the guys that filled that role for portions of last season -- Julio Jones, Quez Watkins, Olamide Zaccheaus -- is under contract with the Eagles for 2024.

The Patriots have informed Parker that they will release him Wednesday, Adam Schefter of ESPN reports.

EDGE Analysis

The report notes that Parker has been given permission to talk to other teams in the meantime. The veteran wideout is coming off a 2023 campaign in which he caught 33 passes (on 55 targets) for 394 yards in 13 regular-season games. In the wake of Parker's looming departure, JuJu Smith-Schuster (ankle), Kendrick Bourne (knee) and Demario Douglas currently head New England's WR corps, with additions to the unit presumably slated to arrive via free agency and/or the draft.

Parker finished the 2023 season with 33 catches on 55 targets for 394 yards in 13 games.

EDGE Analysis

In his second year with New England, Parker didn't catch any TD passes while working in a passing offense that struggled to find consistency. The 30-year-old is under contract with the Patriots through the 2025 campaign, but with plenty of turnover expected following a 4-13 campaign, it's way too early to get a read on Parker's chances of putting together a bounce-back effort next season, or even predict what uniform he might be wearing in 2024.

Parker (ribs) is listed as active for Sunday's game against the Jets.

EDGE Analysis

Parker, who exited last weekend's loss to Buffalo due to a rib injury, was a limited participant in all three of New England's practices this week, but he'll be available for the Patriots' season finale. In the process, he figures to handle a starting role on the outside against a tough Jets secondary. In 12 games to date, Parker has caught 32 of his 51 targets for 388 yards, a pace that has limited his fantasy utility to deeper formats despite steady playing time.

Parker (ribs) is listed as questionable for Sunday's game against the Jets.

EDGE Analysis

Parker was a limited participant in all three of New England's practices after exiting the Week 17 loss to Buffalo due to a rib injury. If he suits up, Parker will likely occupy a starting role on the outside, though a matchup with a Jets secondary that has allowed the fewest catches, yards and touchdowns to wide receivers coupled with snow in the forecast suggest his opportunities could be limited Sunday.

Parker (ribs) was limited in Wednesday's practice.

EDGE Analysis

Parker always seems to be limited throughout every practice week, so this is nothing new for him. He picked up the ribs injury in last Sunday's loss to the Bills. There will be more updates on Parker's practice status Thursday and Friday.

Parker exited Sunday's game against the Bills with a rib injury.

EDGE Analysis

Before leaving the contest, Parker caught one of his two targets for 15 yards. While he's sidelined Sunday, Demario Douglas, Jalen Reagor and Tyquan Thornton are available to handle the Patriots' WR duties.

Parker recorded four receptions on five targets for 65 yards in Sunday's 26-23 win over the Broncos.

EDGE Analysis

Parker continued to play a key role in the Patriots' offense with Juju Smith-Schuster (ankle) and Hunter Henry (knee) both inactive. He made a pair of vital receptions in the second half, the first of which went for 30 yards late in the third quarter and set up a touchdown three plays later. Parker then tacked on a 27-yard gain with under a minute left in the final quarter to set up the game-winning field goal. Overall, he now has at least four receptions in each of his last three games while racking up over 40 yards in each contest in that span.

Parker caught all five of his targets for 44 yards in Sunday's 27-17 loss to Kansas City.

EDGE Analysis

He had the Patriots' longest gain of the day, a 20-yard reception on the team's second possession that helped set up a field-goal attempt for Chad Ryland that drifted wide left. Parker has had trouble staying on the field this season, missing four games including last week's win over the Steelers, and Sunday's five grabs was his highest total since Week 2. The veteran wideout is still looking for his first touchdown of 2023, but he could find it in Week 16 against a Broncos defense that just coughed up five TD passes to Jared Goff.

Parker (knee) is listed as active for Sunday's game against the Chiefs.

EDGE Analysis

Parker, who was inactive for the Patriots' win over the Steelers on Dec. 7, approached the contest listed as questionable after practicing in a limited fashion Wednesday through Friday. In addition to Parker returning to the lineup Sunday, Demario Douglas (concussion) is also back in action, with fellow WRs Tyquan Thornton (hamstring) and Jalen Reagor also on hand. With a 22/264/0 receiving line on 39 targets in nine games to date, Parker profiles as a hit-or-miss fantasy option in Week 15.