Trade chatter surrounding Micah Parsons has proven to be substantive. Not long after a Thursday report indicated the star edge rusher could be on the move, a blockbuster trade has indeed been worked out.
The Cowboys have an agreement in place to send Parsons to the Packers, as first reported by NFL Network’s Ian Rapoport, Tom Pelissero and Jane Slater. The package heading back to Green Bay includes two first-round picks. Rapoport adds defensive tackle Kenny Clark is also heading to Dallas as the final part of the trade agreement.
As part of this massive deal, Parsons has worked out a Packers extension. A four-year, $188MM accord has been agreed to, per the NFL Network report (which has since been confirmed by others). The deal contains $136MM in total guarantees. ESPN’s Adam Schefter adds Parsons will receive $120MM fully locked in at signing, including $62MM paid out in 2025. Those figures – along with a $47MM average annual value – easily mark a new high point in compensation for non-quarterbacks.
In recent days, the possibility of a trade has gained steam. Yesterday, it was reported the Packers were among the teams showing interest; as such, it is reasonable Green Bay is where Parsons is now headed. Still, today’s move is a massive development for all involved and marks a departure from standard operating procedure in the Packers’ case. The team has a reputation as a draft-and-develop franchise, and that includes recent first-round investments along the edge in Rashan Gary (2019) and Lukas Van Ness (2024).
Both of those players will remain in place even with Parsons arriving. Green Bay’s defensive front has nevertheless been dealt a blow with Clark heading the other way. The three-time Pro Bowler has spent his entire nine-year career with the Packers, and he will provide the Cowboys with a needed upgrade at the DT spot. Clark, 29, has three years remaining on his contract.
More to come…