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Yesterday’s price is not today’s price for Micah Parsons.
The star player for the Cowboys, a regular contender for the NFL Defensive Player of the Year award, revealed in an interview with All City DLLS that the numbers outlined in the informal agreement he had with team owner Jerry Jones will be revised upwards due to the delay in finalizing his contract extension.
“It’s going to cost them more,” Parsons said.
The problem is that pass-rushers T.J. Watt (Steelers) and Trey Hendrickson (Bengals) held out of mandatory minicamp as they seek new contracts.
Parsons has seen the terms of the deal that Watt is seeking and it tops what he and Jones discussed, according to All City DLLS.
Therefore, Parsons has a new bar to clear.
The delay, as Parsons understands it, is in Jones reaching out to agent David Mulugheta to finalize the paperwork.
Bengals receiver Ja’Marr Chase is currently the highest-paid non-quarterback at $40.25 million per year.
Last year, the Cowboys faced financial consequences for dragging their feet in negotiating extensions with quarterback Dak Prescott and wide receiver CeeDee Lamb. The delay ultimately cost them millions, as the market for top players at each position—including running back, thanks to players like Saquon Barkley—continues to rise alongside the soaring salary cap.
Despite the costly lesson from the previous negotiations, the Cowboys seem to be repeating their mistakes with Parsons, who has been eligible for an extension since the end of the 2023 season.
Parsons has 52.5 sacks in 63 games and has made the Pro Bowl in each of his four seasons.
He participated last week in minicamp and is due $24 million on his fifth-year option.
If the extension is not done by the time that the Cowboys report for training camp on July 21, he reportedly will stage a hold-in where he shows up to avoid accumulating daily fines but does not take the field so as to avoid risking injury.