Will it work..Yes
Would I want to use it..No
If you find something that is working you want to duplicate it with other rods. In your case you will have to count how many passes on your reel to get the same depth. Salmon may be shallow now but as the water warms you are going to have to go deeper. If you get a nice salmon on and you are down 65′ you will have close to 200′ of line out using a dipsy diver. A nice king could spool a 5500 size reel. You may want to check on Flea Bay and see if you can find some Diawa Great Lakes 47 line counters. Pretty tough older reel but will get the job done. Cheap 8’6″ Okuma is good enough for a rod. Do you have small boards and is your boat equipped to fish the great lakes. Check the rules to see if you have everything because you will at some point get checked by the Coast Guard.