Micah Parsons finally got paid. Not by Jerry Jones, but by the stockholders of the Green Bay Packers, Inc.<\/p>\n
Here\u2019s a look at the full details of the deal, per a source with knowledge of the terms:<\/p>\n
1. Signing bonus: $44 million, with $20 million paid within 10 days and $24 million paid by December 26.<\/p>\n
2. 2025 base salary: $1.17 million.<\/p>\n
3. 2026 option bonus: $38 million, fully guaranteed.<\/p>\n
4. 2026 offseason workout bonus: $250,000.<\/p>\n
5. 2026 base salary: $2.387 million, fully guaranteed.<\/p>\n
6. 2026 per-game active roster bonus: $200,000.<\/p>\n
7. 2027 option bonus: $34.433 million, fully guaranteed.<\/p>\n
8. 2027 offseason workout bonus: $250,000.<\/p>\n
9. 2027 base salary: $3.017 million, guaranteed for injury at signing, and fully guaranteed by early 2026.<\/p>\n
10. 2027 per-game active roster bonus: $200,000.<\/p>\n
11. 2028 option bonus: $27.5 million.<\/p>\n
12. 2028 offseason workout bonus: $250,000.<\/p>\n
13. 2028 base salary: $13.05 million, $12.9 million of which is guaranteed for injury and beyond fully guaranteed in 2027.<\/p>\n
14. 2028 per-game active roster bonus: $200,000.<\/p>\n
15. 2029 90-man roster bonus: $1 million.<\/p>\n
16. 2029 offseason workout bonus: $250,000.<\/p>\n
17. 2029 base salary: $43.55 million.<\/p>\n
18. 2029 per-game active roster bonus: $200,000.<\/p>\n
The contract includes a $250,000 Pro Bowl escalator in 2027 through 2029, and a $250,000 All-Pro incentive in 2027 through 2029. Each is based on earning the distinction in the prior year.<\/p>\n
He also has a $250,000 incentive for making the Pro Bowl in 2029, and a $250,000 incentive for making the All-Pro team.<\/p>\n
So what is the deal worth? It depends on whether he was viewed as a linebacker or as a defensive end. As a defensive end, the new-money APY is $47.17 million. As a linebacker, the new-money APY is $46.5 million.<\/p>\n
The five-year deal has a total base payout of $210.034 million, with up to $2 million in incentives\/escalators.<\/p>\n
The full guarantee at signing is $120 million, which covers all of the first three years, except $3.107 million. That\u2019s significant; the Packers rarely fully guarantee payments beyond the first year.<\/p>\n
They\u2019ve made an exception only three times: for Parsons, Jordan Love, and Aaron Rodgers.<\/p>\n
The magnitude of the contract, combined with the compensation given to the Cowboys (two first-round picks and Kenny Clark) shows how badly the Packers wanted him.<\/p>\n
Basically, they wanted him a lot more badly than the Cowboys did.<\/p>\n","protected":false},"excerpt":{"rendered":"Micah Parsons finally got paid. Not by Jerry Jones, but by the stockholders of the Green Bay Packers,…\n","protected":false},"author":2,"featured_media":106281,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[436],"tags":[49,48,514,82],"class_list":["post-106280","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nfl","tag-ca","tag-canada","tag-nfl","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/106280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=106280"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/106280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/106281"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=106280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=106280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=106280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}