Just as the 2024 offseason was largely defined by high-profile extension negotiations, the Cowboys will again have a major contract matter to attend to this spring. Edge rusher Micah Parsons is on track to play on his fifth-year option in 2025, but a long-term deal will be the central aim of team and player once negotiations begin.
Parsons was eligible for a monster second contract this past offseason, but the cases of quarterback Dak Prescott and wideout CeeDee Lamb took precedence. Both players landed new deals to avoid a potential free agent spell, but by making major commitments in each case the Cowboys continued their trend of authorizing big-ticket contracts to players at the top of the depth chart. A busy spring in terms of outside spending should not be expected, and retaining Parsons will require signficant cap resources.
“Obviously we’re totally all in on Dak and CeeDee,” Cowboys EVP Stephen Jones said (via NFL Network’s Ian Rapoport) when asked about Parsons talks. “But after that, then you still shape things, including Micah. But Micah’s a great player. You don’t do well in this league letting guys like Micah, usually, leave the house.”
Parsons has remained productive in 2024 before and after the high ankle sprain he suffered midway through the campaign. He currently has 6.5 sacks, giving him a chance to reach double-digits in that regard for the fourth consecutive season. The three-time Pro Bowler has long been connected to a deal making him the league’s highest-paid edge rusher, and he could wait for the market to move when the likes of Myles Garrett (Browns) and T.J. Watt (Steelers) negotiate new pacts before engaging in serious Cowboys talks. Nick Bosa‘s 49ers pact carries an annual average value of $34MM per year, a figure which Parsons might not be entirely set on surpassing on his second contract.
While Jones did not offer a public guarantee Parsons will be retained beyond 2025 (when he is scheduled to collect $21.32MM), he added he “can’t imagine there’s a scenario” in which the 25-year-old would play for a team other than Dallas. Parsons has expressed a desire to stay with the Cowboys through the remainder of his career, and reaching agreement on a long-term accord will go a long way toward ensuring that.
Dallas’ commitments to Prescott and Lamb will lead to major cap implications for years to come, and other major financial decisions will be tied to new deals for pending free agents…