Dallas Cowboys News & Rumors

Cowboys All-Pro edge rusher Micah Parsons has requested a trade, according to a lengthy social media post that details his protracted negotiations with the team.

Dallas has no intention of trading Parsons, per Dianna Russini of The Athletic, but teams are still expected to reach out to the Cowboys to inquire about his availability.

Despite the trade request, Parsons is not planning to leave training camp, according to WFAA’s Ed Werder, which would subject him to a daily fine of $40K. This certainly has the makings of an awkward situation, but teams have received trade requests from hold-ins in the past.

“I did everything I could to show that I wanted to be a Cowboy. … Unfortunately, I no longer want to be here,” Parsons said. “I no longer want to be held to close door (sic) negotiations without my agent present. I no longer want shots taken at me for getting injured while laying it on the line for the organization, our fans and my teammates.

“I no longer want negatives created and spread to the media about me. I purposely stayed quiet in hopes of something getting done, but there is confusion out there. Let me clear some things up.”

Parsons’ statement references Jerry Jones mentioning his 2024 injury, a high ankle sprain, in reference to the negotiations. The fifth-year defender said he had his agent (David Mulugheta) reach out to the Cowboys about a 2024 deal, and his statement indicates the team did not want to begin talks last year. Parsons said Mulugheta told him to wait until other deals were completed, thus seeing his price rise, but Parsons wanted to start the process before that happened. The DE’s camp alerted the Cowboys at the Combine about a readiness to launch talks, acknowledging how that route would leave money on the table. The aforementioned Parsons-Jones dialogue that set up parameters of a deal did not, per Parsons, constitute formal negotiations.

Mulugheta then contacting Cowboys negotiator Adam Prasifka led to a team stance, per Parsons, that the deal was already done. Parsons then said Mulugheta reaching out to COO Stephen Jones did not lead to negotiations. After Parsons’ camp put the ball in the Cowboys’ court following that attempt, the player indicates the team has not contacted Mulugheta regarding an effort to resume negotiations. That brings us to today’s trade request.

Last year, Brandon Aiyuk requested a trade and was allowed to shop around while holding in with the 49ers. That process led to the parties regrouping on an extension. The 49ers had developed a reputation for waiting too long on paydays, but the Cowboys are on another tier — based on the developments in 2024 and with Parsons this year — regarding contract timing. Many other instances of trade requests leading to no change have transpired in recent years as well.

This is a long time coming for Parsons, who had expressed confusion as to why the Cowboys were waiting this long — as the edge rusher market continued to be updated with market-setting extensions — to pay him. Parsons is almost definitely the Cowboys’ best player, and even as the team paid Dak Prescott and CeeDee Lamb ahead of contract years in 2024, a 2025 extension always loomed for the All-Pro edge rusher. But a report earlier this week pointed to progress stopping between the parties, leading to a rumor earlier today Parsons was considering a trade ask.

Parsons had long aimed for a deal to be done by training camp, having observed how extended negotiations can affect a player’s upcoming season. Zack Martin admitted his holdout affected his 2023 season. The Cowboys have not displayed expediency here, despite Parsons becoming extension-eligible in January 2024. The team’s reputation for prolonged negotiating sessions reached a boiling point last year, when Lamb held out into late August before being paid and Prescott’s deal was not done until hours before their season opener in Cleveland.

Parsons follows Terry McLaurin in requesting a trade. Unlike McLaurin, Parsons did not begin training camp as a holdout. But the two are using a similar playbook during slow negotiations. Each is not practicing due to injury, though as the Dallas Morning News’ Calvin Watkins pointed out this week, Parsons is not receiving on-field treatment for his reported back issue. This amounts to a de facto hold-in, which is understandable given Parsons’ frustration with the team.

Lamb did not request a trade, and Prescott practiced while his deal was being negotiated. Those proceedings unfolding as they did and then the Cowboys taking this path with Parsons has led to torrents of criticism, especially with the EDGE market exploding this offseason. Maxx Crosby topped Nick Bosa‘s $34MM AAV to set a new standard in March, and Myles Garrett topped it with a whopping $40MM-per-year deal. Danielle Hunter then eclipsed Crosby’s number, albeit on a one-year add-on, and T.J. Watt set a new standard — at $41MM AAV.

That market explosion sets up Parsons with a clear chance to enter the season as the NFL’s highest-paid edge rusher, seeing as he is 26 — nearly four years younger than Garrett and five years younger than Watt. The Cowboys could see the price rise higher if the Lions pay Aidan Hutchinson before the season, but Jerry Jones has let it be known that is not exactly a chief concern.

The owner’s deep pockets notwithstanding, the Cowboys will still see an inflated Parsons rate affect their ability to build rosters long term, especially as Prescott is tied to a record-smashing extension (no player is within $5MM AAV of Dallas’ QB) and Lamb being on the league’s third-most lucrative WR deal.

Although multiple trade rumors cropped up between last season and the early offseason, the Cowboys should not be expected to budge here. They have a track record, cost notwithstanding, of completing big-ticket deals. Dallas also showed a willingness to bend on its preferred five- and six-year term-length preference — an outdated model as the cap continues to spike — by giving Prescott and Lamb four-year deals. We heard earlier this offseason term length could be an issue here, and while it is odd neither Jerry or Stephen Jones has negotiated directly with Parsons’ agent, the team almost always finishes these agreements.

Dallas also has not been shy about unholstering the franchise tag. That would be an obvious option with Parsons if the Cowboys cannot move past the finish line before Week 1. They went to that well with Prescott in 2020, after spending much of the 2019 offseason negotiating with Prescott. The sides did not wrap that negotiation until March 2021, as Prescott’s price steadily climbed — to the point the Cowboys executed a wildly player-friendly deal. That preceded Prescott scoring historically player-friendly terms on his $60MM-per-year extension. The Cowboys waiting with Parsons will only increase the price, barring a major injury.

The Cowboys could waive fines if Parsons did shift to a holdout, with the CBA granting them that choice due to the decorated EDGE being on a rookie deal. Even if the Cowboys (h/t ESPN’s Adam Schefter) have not traded a player coming off a Pro Bowl season since dealing Super Bowl-years safety Thomas Everett in 1994, they would run into considerable trouble if Parsons threatened to miss games. When Parsons has been on the field from 2021-24, Dallas has ranked as the NFL’s best defense (per EPA); they have, according to ESPN’s Bill Barnwell, ranked as the second-worst during this span when Parsons is off the field.

Parsons has not technically made the threat to hold out, though his trade request does move him down that road. A true holdout would mean sacrificing $1.41MM each week. This situation has gotten ugly, a scenario that certainly could have been prevented with an earlier extension.

Nikhil Mehta contributed to this post.