Cowboys, Micah Parsons Not Close To Extension Agreement

How Much Should Micah Parsons' Next Contract Be?

Midway through the 2024 campaign, Micah Parsons indicated his preference would be for a Cowboys extension to be in place before the start of free agency. That has not proven to be the case, and nothing is imminent between team and player in this situation.

Preliminary talks started earlier this month, opening the lines of communication in advance of what will be a massive extension agreement. Parsons recently noted a plan is in place regarding a deal being worked out, with training camp emerging as the new target with respect to a timeline. No progress has been made at this point, however, WFAA’s Ed Werder reports.

The edge rush market was well-known as one to watch in advance of the 2025 offseason, and as expected it has seen upward movement. Maxx Crosby‘s latest Raiders deal carries an average annual value $35.5MM, a mark which did not last long atop the position’s pecking order. Myles Garrett‘s trade request was rescinded in the wake of his monster extension (four years, $160MM) which was signed days later. Parsons could use those new price points during negotiations once they ramp up.

On that point, NFL Network’s Jane Slater reports serious contract talks have not begun yet. Dallas prioritized new deals for quarterback Dak Prescott and wideout CeeDee Lamb last offseason, eventually working out an agreement on both fronts. Considering Lamb’s came about after training camp began and Prescott’s was made official on the day of the Cowboys’ regular season opener, plenty of time could still be required for Parsons’ new pact to be signed.

The 25-year-old has been a Pro Bowler during each of his four seasons in the NFL, recording at least 12 sacks every time along the way (despite missing four games in 2024). Those factors will help his bargaining position, especially if the Steelers and T.J. Watt hammer out an extension in the near future and if Trey Hendrickson lands a lucrative new deal with the Bengals or an acquiring team. Parsons has publicly stated a willingness to take less than the top of the market on his next deal, but any long-term pact will of course have considerable cap implications for the Cowboys.

Dallas saw DeMarcus Lawrence depart on a Seahawks deal last week after not making an offer to the 11-year veteran. Parsons (who is currently set to play on his $24.01MM fifth-year option next season) remains in the fold as the team’s anchor along the edge, with recent draftees Sam Williams and Marshawn Kneeland along with reunited veteran Dante Fowler also in place. That group will be key in 2025, the first year with Matt Eberflus in place as defensive coordinator. Attending voluntary offseason workouts this spring is something the team will discuss with Parsons, Calvin Watkins of the Dallas Morning News writes. Whether or not traction will have been gained by then will remain an interesting storyline to follow.

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