Cowboys, Micah Parsons near record $205 million extension

The Dallas Cowboys are at a pivotal point regarding linebacker Micah Parsons, who is entering the final year of his rookie contract. With his impressive track record of being a consistent Pro Bowler, Parsons is expected to command a significant contract extension, potentially setting a new precedent for non-quarterback salaries in the NFL. Reports suggest that negotiations are underway, with projections estimating his new deal could be worth around $200 million over five years, averaging more than $40 million annually. While some sources indicate that 'no meaningful talks' have taken place, others claim negotiations have progressed, highlighting the urgency for the Cowboys to secure Parsons before he hits free agency or receives a franchise tag. Parsons has expressed his commitment to the Cowboys, which may facilitate a smoother negotiation process. The front office's immediate priority is to ensure Parsons remains a cornerstone of their defense without jeopardizing future financial flexibility.