Monday, July 20, 2026

Micah Parsons Traded to Packers, Set to Sign Record 4-Year, $188M Deal

The $47 million average annual value is substantially higher than the $40.5 million per year Jones reportedly offered Parsons in March.

Andrew Dieb-Imagn Images

After a contentious contract standoff with Cowboys owner and GM Jerry Jones, Micah Parsons has been traded to the Packers.

ESPN was the first to report the deal.

Parsons will reportedly sign a four-year, $188 million deal with Green Bay, the largest contract ever for a non-quarterback. The $47 million average annual value is well above the $40.5 million per year Jones reportedly offered Parsons in March, a deal the Cowboys owner says Parsons agreed to before later asking him to speak with his agent.

In return, the Cowboys will receive two first-round picks and defensive tackle Kenny Clark, according to multiple reports.

Clark, a first-round pick out of UCLA in 2016, has logged nine NFL seasons with the Packers and totaled 35 career sacks. He signed a three-year, $64 million contract last season.

Before Parsons agreed to his deal, Steelers edge rusher T.J. Watt had the highest average annual value for any non-QB, at $41 million. Parsons resets the market at the position by a substantial margin.

Parsons’s 52 sacks through four seasons are the most for any player since J.J. Watt, and the sixth-most in NFL history.

Parsons posted a statement to social media after reports of the trade emerged. It reads, in part:

“I never wanted this chapter to end, but not everything was in my control. My heart has always been here, and it still is. Through it all, I never made any demands. I never asked for anything more than fairness. I only asked that the person I trust to negotiate my contract be part of the process.”

In a Thursday night press conference, Jones said that the Cowboys had been considering a trade of Parsons since the spring. “We did think it was in the best interest for our organization for the future and this season as well,” Jones said. “I did make Micah an offer. It wasn’t acceptable. I honored the fact that it wasn’t done the way that he wanted to do it, through an agent.

“A little bit of the way Herschel Walker may have had his greatest contribution to the Cowboys [when he was traded in 1989], what he brought to us when he left could be a tremendous thing for our fans and the success of this team,” Jones said.

The Packers have a reputation as a team that does not spend significantly on outside players, generally prioritizing their own draft picks. They have, however, made two other enormous additions in the past.

In 1993, famed edge rusher Reggie White signed a four-year, $17 million deal with the Packers, becoming the most significant player to change teams in the early free agency era. Green Bay ended up winning Super Bowl XXXI three years later.

In 2006, the Packers added defensive back Charles Woodson on a seven-year, $52 million contract. He made four All-Pro teams with the team, and Green Bay won the Super Bowl in 2011.

Per Spotrac, the Cowboys freed up $19 million through this deal and now have the second-most cap space in the NFL behind the Patriots.

Dallas is going through a dramatic year, as the NBA’s Mavericks stunned the sports world by trading Luka Doncic to the Lakers in February. The NHL’s Stars, however, decided to pile on to the news cycle with some levity, posting “Don’t worry y’all, Mikko Rantanen is a Dallas Star.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Exclusive

NFL Owners Expect New Deal for Roger Goodell

NFL media rights, labor talks make continuity a priority.
Dec 14, 2025; Inglewood, California, USA; Fox broadcaster Tom Brady is seen prior to the game between the Detroit Lions and the Los Angeles Rams at SoFi Stadium. Mandatory Credit: Kirby Lee-Imagn Images
Opinion

Publicity Stunts Are Hurting the Tom Brady Brand

Brady and Logan Paul escalated their “feud” over the weekend.
Michigan athletic director Warde Manuel watches warmups from the field before school's game against Ohio State at Ohio Stadium in Columbus.

Warde Manuel to Step Down as Michigan AD

The school announced Warde Manuel is stepping down at the end of the calendar year.

Spain Beats Argentina in Extra Time to Win Its Second World Cup

Spain wins the World Cup after breaking through against Argentina in extra time.
podcast thumbnail mobile
Front Office Sports Today

7/20/26 – Spain Wins World Cup, Open Championship Controversy, McGregor Timeline

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
July 13, 2026

NBA Execs Split on Where LeBron James Will End Up

James will play a record 24th NBA season. 
July 14, 2026

DeChambeau Has Last Chance at 2026 Major Cut—With 3D-Printed Irons

LIV Golf’s biggest star continues to stay busy off the course.
Sponsored

Clase Azul Tequila Founder’s Soccer Ownership

Arturo Lomeli talks about managing a tequila brand and two soccer clubs.
Cycling - Tour de France - Stage 9 - Malemort to Ussel - Malemort, France - July 12, 2026 UAE Team Emirates - XRG's Tadej Pogacar wearing the yellow jersey, UAE Team Emirates - XRG's Isaac Del Toro wearing the white jersey and Team Visma | Lease a Bike's Jonas Vingegaard wearing the polka-dot jersey in action as a spectator dressed in a costume cheers on during stage 9
July 13, 2026

Tadej Pogačar Says Heat Demands Tour de France Overhaul

Stage 9 was cut by 18.6 miles under a red alert.
July 12, 2026

Sinner Defeats Zverev at Wimbledon, Claims $4.8M Prize

Sinner won his first Grand Slam tournament of the year.
July 11, 2026

Ohtani, Judge Both Out of MLB All-Star Game

The two superstars will miss the midseason showcase.
July 11, 2026

White Sox Take UCLA’s Roch Cholowsky No. 1 in Draft

The White Sox selected the two-time Big Ten player of the year.