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.
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.
More to come…