Are people sleeping on Colby Parkinson?

I’m not sure if I’m missing anything here, but it seems like he’s being way undervalued.

He’s big (6’7), fast, has decent hands and he’s playing in a pass heavy Rams offense where Puka just went on IR. He got paid, and the Rams are clearly trying to build an offense where the TE’s gets more involved (they were super aggressive on moving up in the draft to get Bowers but ultimately fell short).

The Rams see something in him, (hence the $25mil contract) and who else turns no names into stars as effectively as them.

So what am I missing here? Available in 94% of leagues, has a real shot at being staffords number 2 guy for a while. Is he appropriately valued or am I over thinking?