The inevitable was confirmed from the source early Wednesday morning.
"We've talked to Cody and Cody knows were going to go on in a different direction," Nagy said. "It was a healthy talk, he took it like a true professional. We wish him the best."
Even before his "Double Doink" miss in Chicago's Wild Card loss, Parkey was struggling in his first year in Chicago. In the regular season, Parky converted 23 of 30 field goals (76.7 percent), including missing three of 10 kicks between 30-39 yards. He also missed three extra-point tries.
The only other kicker employed by the Bears is Redford Jones, a rookie booter out of Tulsa on a futures contract.