Cowboys' Future NFL Draft Picks, Depth Chart, Salary Cap After Micah Parsons Trade

After an offseason of back and forth, Micah Parsons is on his way out of Dallas.

The Cowboys traded the star pass rusher to the Green Bay Packers on Thursday, and he signed a four-year, $188 million deal with his new team, per NFL Network's Ian Rapoport.

In return for one of the best defensive players in the NFL, the Cowboys landed a pair of first-rounders and defensive tackle Kenny Clark, per ESPN's Jeremy Fowler.

Before Thursday's blockbuster trade, the Cowboys were at $286.141 million in total cap liabilities, per Over The Cap. Parsons would have counted for $24 million against the cap. Clark is entering the second year of a three-year, $64 million contract and has a cap number of $20.4 million in 2025.

All-in-all, the Cowboys freed up $19 million of 2025 cap space, per Spotrac, and now have an estimated $42 million available.

Here's a look at the Cowboys' updated depth chart.

Dallas Cowboys 2025 Depth Chart

Offense

• QB: Dak Prescott, Joe Milton III
• RB: Javonte Williams, Jaydon Blue, Miles Sanders
• WR: CeeDee Lamb, George Pickens, Jalen Tolbert
• TE: Jake Ferguson, Luke Schoonmaker

Defense

• DE: Marshawn Kneeland, Dante Fowler Jr.
• LB: Marist Liufau, Jack Sanborn, Kenneth Murray Jr.
• DT: Kenny Clark, Mazi Smith, Osa Odighizuwa
• CB: Trevon Diggs, DaRon Bland, Reddy Steward
• S: Donovan Wilson, Malik Hooker

Before the trade, Parsons was set to play the 2025 season on a fifth-year team option, but he was hoping to land a new deal before the start of the season. The two sides went back and forth, and Parsons ultimately requested a trade earlier this month.

After the trade request, there was little evidence to suggest the Cowboys were entertaining dealing Parsons, and there was even optimism among players that he would suit up for Dallas' Week 1 matchup.

That won't be the case, however, and Parsons will now call Green Bay home.

The deal, which pays him $47 million annually, makes Parsons the highest-paid non-quarterback in the NFL.

Though Clark won't make up for the absence of Parsons, he'll be a solid addition to the defensive front. The 29-year-old has earned three Pro Bowl nods in his career and is coming off a season in which he logged 37 tackles, four tackles for loss, five quarterback hits and a sack.

Though a strong defensive tackle, Clark won't fill the void that Parsons, a perennial Defensive Player of the Year candidate, leaves. The Cowboys can only hope they can make the most of the two first-round picks they got in return for Parsons, but it's hard to imagine they'll be able to draft someone as talented as him.

The silver lining for Dallas is that it saves a sizable figure by not paying Parsons, but only time will tell what the Cowboys do with that money saved.