Packers' Updated Depth Chart, NFL Salary Cap After Micah Parsons Trade, $188M Contract

The Micah Parsons and Dallas Cowboys saga is reportedly over, and the end result is one of the best players in the league suiting up for the Green Bay Packers.

NFL Network's Ian Rapoport reported Thursday the Cowboys traded Parsons to the Packers, who then agreed to a four-year, $188 million deal with the pass-rusher. The contract features $136 million in guarantees and makes him the highest-paid non-quarterback in NFL history.

Green Bay, which ESPN's Jeremy Fowler reported gave up two first-round picks and defensive tackle Kenny Clark in the deal, had available team cap space of $23.2 million, per Over The Cap.

Here is how its defensive depth chart looks following the move:

LDE: Rashan Gary/Brenton Cox Jr.

NT: Nazir Stackhouse/Warren Brinson

DT: Devonte Wyatt/Karl Brooks

RDE: Micah Parsons/Lukas Van Ness

WLB: Quay Walker/Ty'Ron Hopper

MLB: Edgerrin Cooper/Isaiah McDuffie

LCB: Keisean Nixon/Bo Melton

SS: Xavier McKinney/Kitan Oladapo

FS: Evan Williams/Zayne Anderson

RCB: Nate Hobbs/Carrington Valentine

NB: Javon Bullard

To say this is a shocking trade would be a massive understatement.

Parsons is just 26 years old and figured to be one of the faces of the franchise in Dallas for the foreseeable future. Yes, that would require coming to terms on a deal this offseason or next, but the Cowboys have long been a franchise of superstars.

It was understandable to assume they would eventually agree on a new contract, even though there was plenty of back and forth featuring Parsons and Cowboys owner Jerry Jones throughout the offseason.

That Dallas traded him to a fellow NFC contender made it all the more shocking, even if the Packers were willing to give up two first-round picks and Clark.

Green Bay also gave up plenty from a financial standpoint with such a massive deal, but Parsons is exactly the type of defensive player that contenders pay. All he has done since entering the league as a first-round pick in 2021 is dominate, and that likely won't change on a new team.

In four seasons, his resume includes a Defensive Rookie of the Year, two First-Team All-Pro selections, four Pro Bowl nods and four seasons with at least 12 sacks. He also finished in second place in Defensive Player of the Year voting in each of his first three seasons.

Even when he was limited to 13 games in 2024, he still posted 12 sacks and was a general game-wrecker that offenses consistently had to double team.

Now he joins a Packers team that was eighth in the league in sacks last season even without a singular star along the pass-rush. Rashan Gary led the team with 7.5 sacks, but the overall defensive depth proved to be a problem for opposing offensive lines and quarterbacks.

Adding someone like Parsons will be a multiplier for what was already a talented group, as Gary and others will have more blitzing lanes when opponents are doubling their new star teammate.

The end result could be a Green Bay team that leads the league in sacks in 2025.