The Cowboys took plenty of heat for holding off on CeeDee Lamb and Dak Prescott extensions until late last summer. Micah Parsons‘ negotiations (or lack thereof) are reminding of Dallas’ 2024, though it is still early.
No substantive Parsons talks have commenced, and no offer is believed to be on the table from the Cowboys just yet. But Parsons has a big number in mind. The fifth-year edge rusher is believed to be pursuing a deal that would make him the NFL’s first $200MM defender, the Dallas Morning News’ Calvin Watkins reports. No non-quarterback has reached that number, though the Cowboys’ history would point to the team being interested — depending on term length.
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It is not known if the contract-year dynamo is targeting a four-year, $200MM pact — which would shatter the defender record Myles Garrett just set — or merely a five-year, $200MM deal that would match the Browns All-Pro for AAV. Parsons expressed interest last year in becoming the NFL’s highest-paid non-QB, even floating a $40MM-per-year number well before the EDGE market was close to that range.
It would stand to reason Parsons would set his sights on a $50MM-per-year extension to start negotiations, even if that proves unattainable. As of now, only quarterbacks are in the $50MM-AAV club. A three-time All-Pro, Parsons makes sense as the player who could take the defender market there. Even with the cap rising at a rapid rate during the 2020 CBA, the Cowboys are unlikely to be ready to raise the defender rate that high at this point.
Garrett secured $40MM per year despite being set to turn 30 in December. Parsons will be 26 in May. If the Cowboys can convince Parsons to accept a five-year deal, it would be in line with many of their big-ticket contract structures. Dallas has successfully managed to tie down stars to five- and even six-year deals, but the team could not do so with Lamb or Prescott, who each signed four-year extensions. As the cap keeps rising, it would make sense for Parsons to follow suit in an effort to be able to secure a top-market third contract when that time comes.
As for Parsons’ plans regarding voluntary offseason workouts without an extension, Watkins adds the 2021 first-rounder is undecided. Parsons has been an infrequent participant in the past, though he has always reported to minicamp. It would cost him barely $100K to skip the mandatory workout this year. If the Cowboys do not…