Speculation about how Micah Parsons‘ contract situation will play out will no doubt continue until a deal is officially in place. The Cowboys’ All-Pro edge rusher recently provided an update on that front indicating traction could soon be gained.

Parsons and Cowboys owner Jerry Jones recently met to discuss an extension which will tie him to the franchise for the foreseeable future. A deal moving the 25-year-old near the top of the edge rush market (if not to the top of the pecking order) can be expected, although he has publicly noted becoming the NFL’s highest-paid pass rusher may not be necessary to get a deal done. Parsons spoke positively about the nature of his latest conversations with Jones.

“It was good,” the four-time Pro Bowler said (via the team’s website). “I really have a lot of respect for Jerry. We have great conversations all the time. There’s definitely a plan in place, but we’ll just see how everything plays out. There’s been no progress yet, but I’m pretty confident that something will happen, so we’ll see.”

A lack of inroads being made with respect to term and finances on a long-term pact is certainly a noteworthy remark on Parsons’ part. The Penn State product made it clear in December his preference would be to have a deal in place before the start of free agency, although more recently he moved that timeline to the onset of training camp. In any case, a lengthy wait would come as little surprise given how the Cowboys have operated in recent years.

Dallas’ 2024 offseason was defined in large part by the extensions worked out with Dak Prescott and CeeDee Lamb. The latter engaged in a training camp holdout until his pact was in place, while the news of the former’s record-breaking accord broke hours before the start of the regular season. If Jones and the Cowboys opt for a similar approach with Parsons, it may very well take until the summer for an agreement to be reached.

Set to play on the fifth-year option in 2025, Parsons is due just over $24MM this season. A multi-year pact will check in at a much high price, though, and fitting in a massive raise while balancing the Prescott and Lamb accords will be difficult from a cap perspective. The Cowboys have attempted to shoot down trade speculation, but a report from Super Bowl Sunday indicated Parsons was not pleased with the decision to move on from former head coach Mike McCarthy and added the team has held discussions about the possibility of a trade.

In the absence of anything on that front materializing, attention will continue to be focused on extension talks. Parsons’ latest comments prove no firm timeline exists, but if the plan the parties understand to be in place is followed, he will have a new pact in hand sometime this offseason.

Cowboys star edge rusher Micah Parsons, who is entering the fifth-year option season of his rookie deal, has said he is hoping to hammer out an extension with Dallas at some point prior to training camp, but that was before the club elected not to retain head coach Mike McCarthy. As Tom Pelissero and Ian Rapoport of NFL.com write, Parsons called that decision “devastating,” and the normally candid defender has been quiet since the team promoted Brian Schottenheimer to the HC post.

One would not expect the McCarthy decision to be an insurmountable obstacle to a Parsons-Cowboys re-up, a deal that has been discussed for some time. However, like fellow standout EDGE Myles Garrett, who has requested a trade from the Browns, Parsons may see the Cowboys as a club that could be in something of a transition phase.

In addition, Dallas has both QB Dak Prescott and WR CeeDee Lamb on deals at or near the top of the market for their respective positions, and Parsons is on track to top the highly-lucrative pass rusher market (currently paced by Nick Bosa’s $34.2MM AAV). And, depending on when he signs his deal relative to positional peers like Garrett, T.J. Watt, Maxx Crosby, and Trey Hendrickson – all of whom are older than Parsons and arguably not as talented – Parsons could leave Bosa’s number in the dust.

Cowboys COO Stephen Jones recently said team brass will evaluate the wisdom of having so much money tied up in so few players, though he also indicated he did not envision Parsons playing for any team other than Dallas. However, Pelissero and Rapoport hear that the team has at least had some internal discussions about whether to trade the Penn State product.

If the Cowboys do entertain a trade, the return could be staggering (some league execs and coaches believe Garrett, who is three years Parsons’ senior, could fetch a haul including two Day 1 picks). Parsons, who is entering his age-26 season, has strung together four remarkable years that have him on a surefire Hall of Fame trajectory. Strong against the run and dominant when rushing the passer, Parsons is 4-for-4 in Pro Bowl nods and has two First Team All-Pro bids as well (to go along with several near misses in Defensive Player of the Year voting and even some down-ballot MVP consideration in 2022). Despite missing some time due to injury in 2024, Parsons tallied 12 sacks, bringing his career total to 52.5 (an average of over 13 per year).

It would be easy to see a team ponying up the draft capital and the contract necessary to get a deal done, but it would still be surprising if the Cowboys moved on from a talent like Parsons (especially since the team presumably does not see itself in a transitional posture). Indeed, Clarence Hill Jr. of ALL CITY DLLS unequivocally states that such a trade will not happen, and Joel Corry of CBS Sports expects Dallas and Parsons to come to terms on a new contract over the next few months.

Nonetheless, the possibility creates one more intriguing storyline in a 2025 pass rusher market that is rife with them.

Both Micah Parsons and the Cowboys have expressed interest in keeping the dynamic edge rusher in Dallas for the foreseeable future. Of course, that would require a long-term agreement between the two sides, as Parsons is currently set to enter the 2025 season as an impending free agent.

[RELATED: Micah Parsons Aiming For Cowboys Extension Prior To Free Agency]

While Parsons previously expressed optimism that an extension could be completed before the start of this offseason’s free agency, it sounds like the veteran is starting to move the goalposts on his expectations. While speaking to ESPN’s Todd Archer, Parsons said he “would think” or “[would] hope” that the two sides can agree on a new deal before the start of training camp in late July.

Both sides have said all the right things over the past few months. Parsons has stated his desire to have his number retired in Dallas, while Jerry Jones made it clear that the former first-round pick is a pillar of the organization (alongside Dak Prescott and CeeDee Lamb). While both the Cowboys and Parsons’ camp seem to have the same goal, that doesn’t necessarily mean that negotiations will be easy.

As Archer notes, Lamb’s negotiations with the Cowboys saw a similar start. Both sides were receptive to a long-term pact, and the pressure started to mount when Lamb was entering the final season of his rookie contract (via the fifth-year option), much like Parsons is now. However, those negotiations dragged on and on, with Lamb finally inking his extension in late August.

“You know, everybody puts a lot on when [the contract is] done,” Jones said when asked about completing extensions as early as possible. “Signing Dak when he signed and signing Lamb, it had nothing to do one way or the other with their injuries, the good things that happened or the negative things that happened. … It makes me wonder if you really think people are really that fragile. Fragile in their mentality. Fragile in their personal self. My point is no, it does not. And a lot of us live not having all the things buttoned up. … And so I don’t believe the timing [is an issue]. What I would really hang your hat on is how much we paid him and what he needs to be and what he is. That’s the big thing.”

Archer opines that inking Parsons early would better help the Cowboys navigate the offseason. Further, an extension could help to reduce the player’s cap hit for the 2025 campaign, making it even easier to add talent as the organization looks to return to contention. Plus, the two sides could avoid the lingering story line of a potential holdout; Archer notes that Parsons’ past attendance at offseason programs has been “spotty.”

One thing is certain: Parsons’ second NFL contract will pay him handsomely. The three-time All-Pro recipient has established himself as one of the best pass rushers in the NFL, with Parsons collecting 52.5 sacks through four seasons in the league.

A mutual interest exists between the Cowboys and Micah Parsons for a long-term extension to be worked out. Negotiations with the All-Pro edge rusher will be a central storyline during the offseason, but Parsons hopes to have a deal in place before the start of the new league year.

“I’m going to try and work with them as much as possible to help them attack free agency,” Parsons said about extension talks (via ESPN’s Todd Archer). “I want to be back with this team. This offseason, I want to be here… I want to take big steps, so hopefully it can be done sooner than later so we can attack the offseason.”

Parsons stated before the 2024 campaign he would not engage in contract talks during the season. With Dallas set to miss the playoffs, though, a window of opportunity will soon open for team and player to reach agreement on a deal prior to free agency starting in March. The Cowboys are not expected to be aggressive in adding outside pieces this spring, and retaining in-house players will again be a top priority. Dak Prescott and CeeDee Lamb secured new contracts ahead of Week 1 this year, and doing the same with Parsons will ensure stability along the edge.

Cowboys EVP Stephen Jones recently made comments which fell short of guaranteeing the 25-year-old would be extended this offseason, although he confirmed the team’s desire to avoid a trade or free agent departure next offseason. Owner Jerry Jones then made it clear no consideration has been given to a trade involving Parsons, who is on track for a fourth straight season with double-digit sacks despite missing time earlier in the campaign. Dallas made a record-breaking $60MM-per-year commitment to Prescott after Lamb’s extension checked in at $34MM per season (the second-highest figure for receivers).

Parsons has long been considered a candidate for a pact making him the league’s highest-paid edge rusher. That distinction currently belongs to Nick Bosa, whose 49ers deal carries an AAV of $34MM. In his most recent comments on a potential extension, however, Parsons has indicated reaching the top of the position’s pecking order may not be necessary to get a deal done. The Penn State product doubled down on that stance when again stating his desire for the Cowboys to bring back as many members of their current edge rush group as possible.

If no extension is worked out in the near future, the possibility could be in place that Parsons holds out from voluntary workouts during the spring. The three-time Pro Bowler is currently set to play on his fifth-year option in 2025, but a major raise from his scheduled $21.32MM will be in store once a new deal is worked out. Parsons said he does not anticipate holding out from minicamp and/or OTAs in the event an agreement has not been reached; it will be interesting to see if successful negotiations prevent such a scenario from taking place.

The Cowboys’ disappointing season has stirred much speculation about the future of the franchise, but owner Jerry Jones adamantly shot down any chance of trading Micah Parsons.

“That’s never been uttered in this organization that we don’t have a future with Micah Parsons,” Jones said on Dallas’ 105.3 The Fan via ESPN’s Todd Archer. 

Recent comments from Cowboys executive vice president and director of player personnel Stephen Jones snowballed into speculation that the team was considering trading their All-Pro pass rusher.

“Obviously we’re totally all-in on Dak [Prescott] and CeeDee [Lamb],” said Jones via NFL Network’s Ian Rapoport, “but after that, then you still shape things, including Micah [Parsons]. But Micah’s a great player. You don’t do well in this league letting guys like Micah, usually, leave the house.”

That led to a postgame question for Parsons on Sunday regarding a potential offseason trade.

“I understand how that business side goes. There are no hard feelings in this business, whether I’m here or anywhere else,” responded Parsons, per The Athletic’s Jon Machota. “Obviously I’ve stated that I want to be here. But at the end of the day, I understand the business side.”

While Parsons could earn one of the league’s biggest defensive contracts on the open market, he seems open to less money if that means staying in Dallas.

“So, I would rather just be in the best situation, you know? At that point, I don’t think there’s a big difference between $30 million and $40 million in my eyes, you know?” said Parsons on December 9, per Archer. “At the end of the day,whatever it takes for me just to continue to be a Cowboy until I retire, that’s what I want,” he continued. 

The Cowboys picked up Parsons’ fifth-year option in March, keeping him under contract in 2025 for $21.3MM, but a long-term extension would free up more money for Dallas to address other holes on their roster.

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 Zack Martin and DeMarcus Lawrence or pacts for their replacements. Cornerback Trevon Diggs (who is out for the year) is on the books through 2028, and his salary for next season is set to vest early in the new league year. Adjustments and cuts will take place between now and then, but Parsons’ status will remain a situation worth watching closely.