Dallas Cowboys Make Major Cap Space Moves While Facing Crucial Decision on Micah Parsons
Cowboys Free Up $57 Million in Cap Space The Dallas Cowboys recently made a significant financial maneuver, clearing nearly $57 million in 2025 salary cap space. This was achieved by restructuring the contracts of quarterback Dak Prescott and wide receiver CeeDee Lamb. While this move gives the team more flexibility, how they choose to allocate these funds—or if they decide to hold onto them—could define the franchise’s trajectory for years to come.
Jerry Jones Urges Caution in Free Agency Despite the massive cap space, Cowboys owner Jerry Jones has tempered expectations, cautioning fans that the team may not be aggressive in free agency. While Dallas has the means to chase big-name players when negotiations open on March 10, Jones emphasized a strategic approach rather than reckless spending.
A Looming Contract Decision for Micah Parsons One of the most pressing financial decisions for the Cowboys doesn’t involve a free agent but rather a star already on their roster—edge rusher Micah Parsons. Parsons is set to enter the fifth-year team option of his rookie deal, which will pay him $24 million in 2025. However, with recent blockbuster deals resetting the market, his next contract could be among the most lucrative in NFL history.
Myles Garrett Sets the Market Standard On Sunday, Cleveland Browns star Myles Garrett signed a record-breaking $160 million contract, making him the highest-paid non-quarterback in NFL history. Before him, Las Vegas Raiders pass rusher Maxx Crosby and Minnesota Vikings wide receiver Justin Jefferson briefly held that distinction. Given Parsons’ elite talent, he is now positioned as one of the next players likely to surpass the $40 million annual salary mark, alongside Cincinnati Bengals wide receiver Ja’Marr Chase.
NFL Legend J.J. Watt Issues a Stern Warning Three-time Defensive Player of the Year J.J. Watt weighed in on the contract situations for Parsons and Chase, advising the Cowboys and Bengals to act swiftly.
“Reward your players earlier and reap the benefits in the long run,” Watt posted on X Sunday. “Dragging it out not only ends up costing more, it creates unnecessary tension. The longer you wait, the higher the price.”
Dallas’ Path Forward The Cowboys must now decide whether to extend Parsons sooner rather than later. With each passing day, his market value continues to rise, and waiting too long could cost the team significantly more. The next few months will be crucial as Dallas navigates their financial strategy while aiming to remain a Super Bowl contender.
