Bengals Pursued John Franklin-Myers, Osa Odighizuwa Before Jonathan Allen Signing
The Bengals have not had a game-changing defensive tackle since Geno Atkins‘ retirement in 2020, a problem they set out to solve this offseason. That made them willing to give Jonathan Allen a two-year, $26MM contract despite his lack of high-end production in the the last two seasons.
The level of interest Allen received from other teams is unknown, but it is worth noting that he was still owed $8MM in guaranteed salary from his last deal in Minnesota. That would have allowed another club to sign him for a veteran minimum contract with the Vikings still paying out those guarantees this year, but Cincinnati came in with a much bigger offer.
Their determination to land the two-time Pro Bowler came after failed pursuits of John Franklin-Myers and Osa Odighizuwa, per Paul Dehner Jr. of The Athletic, with the former signing in Tennessee and the latter heading from Dallas to San Francisco for the Cowboys’ third-round pick.
The Titans’ offer to Franklin-Myers of a three-year, $63MM (and a reunion with Robert Saleh) was hard to beat, especially given a strong guarantee structure, the likes of which the Bengals have historically been hesitant to match.
Instead, Cincinnati pivoted to Odighizuwa, who has been a consistent but not dominant interior disruptor in his career. His deal had three years and $57.75MM remaining (with no guarantees), making him a cheaper proposition than Franklin-Myers who could easily be moved again if the acquisition did not pan out. But it would also require a draft pick to get him – as it turned out, a third-rounder – and the Bengals were not willing to outbid the 49ers for Odighizuwa’s services. San Francisco offered a third-round pick (No. 92 overall) to Dallas, an offer that Cincinnati could have easily bested with their own third-rounder at No. 72 overall.
The Bengals declined to do so and swooped in to sign Allen shortly after he was released by the Vikings at the start of the new league year. Dehner notes that Cincinnati did not look into Javon Hargrave, who left Minnesota at the same time, instead focusing in on Allen as the solution to their lack of interior disruption in the defensive trenches.
49ers Acquire DT Osa Odighizuwa From Cowboys
Osa Odighizuwa will be on the move after all. A trade has been agreed to which will send the veteran defensive tackle from the Cowboys to the 49ers, NFL insider Jordan Schultz reports. The deal is now official.
San Francisco will send Dallas a third-round pick, Ian Rapoport of NFL Network adds. As such, the Cowboys will add the No. 92 selection in April’s draft. The team did not own a second- or third-rounder in 2026 prior to this agreement.
[RELATED: Cowboys Trade DL Solomon Thomas To Titans]
A report from Tuesday indicated teams were showing trade interest in Odighizuwa. Dallas already has Kenny Clark and Quinnen Williams on the books. The Cowboys also lined up a deal with free agent Otito Ogbonnia, adding further to their depth at the defensive tackle spot. Inquirers from the Bengals did not yield traction, but Dallas clearly remained open to moving forward with a swap in this case. The team will create $4.75MM in cap space while generating $16MM in dead money.
The Cowboys will clear Odighizuwa’s $16.25MM salary in 2026 as a result of this trade. The 49ers, meanwhile, will take on the remainder of his contract; the pact runs through 2028. Odighizuwa inked a four-year, $80MM deal last offseason, but the arrivals of Clark and Williams threatened to cut into his playing time. A heavy workload will await him in the Bay Area, while Dallas will not face the challenge of maintaining three DTs attached to large contracts.
As Schultz confirms, the 49ers were among the runners-up for free agent John Franklin-Myers. The former Bronco wound up agreeing to a lucrative deal with the Titans. San Francisco has pivoted in short order. In addition to wideout Mike Evans, this constitutes certainly a significant addition on the part of general manager John Lynch early in the new league year.
Jordan Elliott lined up an agreement with Tennessee during the early stages of free agency, thinning out the 49ers’ defensive line. Odighizuwa will help serve as a replacement, and he will be counted on to remain a strong contributor against the pass in particular on his new team. The 27-year-old has recorded between 3.0 and 4.5 sacks each season since his rookie campaign. He totaled 64 QB pressures over the past two years, and disruption on that level would be welcomed in San Francisco.
The injury-ravaged 49ers ranked last in the NFL in sacks this past season. A healthy year from Nick Bosa and others would of course go a long way in helping the team bounce back in that regard. Nevertheless, Odighizuwa’s arrival should provide a pass rush boost along the interior for 2026 and beyond.
Raiders Prepared To Keep Maxx Crosby; Team To Honor Free Agency Agreements
10:36pm: It appears that Crosby, too, is prepared to return to how things were. In a late night post on X, Crosby delivered a message with multiple short declarations, the most pertinent of which read, “Im [sic] A Raider. I’m Back.”
While trade talks will almost certainly resume as teams that lost out on Crosby the first time around try to haggle down to a new price, Crosby appears to be accepting the reality of his new situation. There surely will be more said on the matter before this is all said and done, but at this point, both Crosby and Vegas have declared that they are comfortable with a reunion after what was a much shorter-than-expected separation.
9:17pm: In the aftermath of one of the wildest transaction developments in recent NFL memory, several rumors, questions, and accusations surrounded the football teams in Baltimore and Las Vegas. Now that the dust has settled, let’s start with some of the things that are relatively clear following the cancelation of the Ravens’ trade for Raiders’ star defensive end Maxx Crosby. 
According to Albert Breer of Sports Illustrated, the Raiders’ team brass “reached out to (Crosby) immediately after the trade died yesterday.” The night of the ordeal, ESPN’s Adam Schefter relayed that Las Vegas was “prepared to get Crosby healthy and have him play,” adding that “several” teams had called to inquire about his availability in another trade and that the Raiders were listening. Ian Rapoport of NFL Network, though, noted that the unfortunate timing of the ordeal “drastically limits the possibility of a trade,” partially because the teams that are calling Vegas now are “looking for a good deal.”
That timing will likely slow things down a bit. Per Breer, Crosby was back in the Raiders’ building at 6am this morning, coming in early to continue rehabbing the knee injury that seemingly caused all this drama. Two months removed from his full meniscus repair, Crosby’s focus has shifted to his “rehab and getting back,” according to Rapoport, “ready to play football for the Raiders, ready to move forward.” The Athletic’s Dianna Russini chimed in, as well, contributing that while the Raiders may still choose to trade Crosby if the right situation arises, his return has created a possible reality in which he could be “playing for the Raiders this upcoming season.”
Throughout what has surely been an emotional rollercoaster, Crosby has been nothing but professional. Though sources close to the 28-year-old five-time Pro Bowler have reported that he is “hot” and “angry as all can be that this played out the way that it did,” per Mike Garafolo of NFL Network, Crosby hasn’t express any of this anger publicly, allowing his old/new team and representation to speak for him. To that effect, Crosby’s agent, CJ LaBoy, released the following statement:
Maxx continues to be on track in his recovery and, if anything, is ahead of schedule, according to his surgeon, Dr. Neal El Attrache [sic]. Maxx remains on track to return during the offseason program and will undoubtedly return as the dominant game wrecker he has been these past seven seasons.
As for the Ravens, an early explanation came in the afternoon from Russini. In an appearance on The Dan Patrick Show, she laid out how the Ravens, like every team that had inquired about trading for Crosby, were aware of the veteran pass rusher’s knee injury and exact timeline for rehab based on the information from the Raiders and the surgeon that performed Crosby’s meniscus repair. She reported that, as Crosby arrived in Baltimore for his physical, “things just seemed really off in the building all day.” Following the physical, the Ravens reexamined the MRI scan results on Crosby’s knee and then had “four or five independent doctors” do the same, using that collective input to come to their ultimate decision to call off the trade.
According to NFL Network’s Jane Slater, another NFL team’s general manager had posited that, because Crosby was never going to pass a physical two months removed from surgery, “something else had to lead” to Baltimore’s reluctance. That GM suggested that, perhaps, Crosby could have been “too far behind in rehab,” or maybe the team didn’t “like the images of recovery.”
Essentially, Russini’s report concluded that what the team believes they discovered upon reexamination of his knee convinced them that the trade was no longer “worth” giving up two first-round picks. In her understanding, the Ravens’ view was that Crosby would likely be fine for the 2026 NFL season, in the short term. Their hold up came from their projections for his long-term availability, which were enough to convince them to sit Crosby down and explain that they would not be moving forward with the trade agreement, leading to a strong likelihood that Crosby remains a Raider this year and, perhaps, beyond.
Russini’s opinion on the matter was a popular one in media, one that spelled out a nefarious picture of the Ravens. She told Patrick that there was “100 percent shadiness going on” in the way things played out in Baltimore. In her eyes, the stalling market of former Bengals defensive end Trey Hendrickson — now a member of the Ravens, via free agency — and the mass exodus of key contributors from Baltimore in free agency combined to show the Ravens an alternative route out of the hole they had put themselves in by dedicating significant cap space to Crosby and limiting their ability to re-sign pending free agents. While only the Ravens will ever know their true intentions, it’s at least fair two say both things can be true, that medical concerns and greater surrounding context could both have influenced the team’s final decision. 
Regardless, Crosby’s future now lies back in the hands of the team that drafted him out of Eastern Michigan almost seven years ago. As mentioned above, the Raiders appear willing to listen to the market of teams that will make offers for the 28-year-old star, but Russini warns that they shouldn’t “expect teams to be lining up immediately to get back into” trade talks for Crosby. There’s a general feeling that the price for Crosby will have dropped following the way everything played out, and no team seems eager to set the market. In fact, Russini reports that some teams “expect the Raiders to be the ones calling them.”
The Cowboys, who seemingly had placed second in the initial Crosby sweepstakes, appear to have already bowed out of Round 2. At the time the Raiders had been seeking two first-round picks a week ago, Dallas had reportedly been working on a deal to package defensive tackle Osa Odighizuwa with some draft capital in an offer to trade for Crosby, per NFL insider Jordan Schultz. Instead, Odighizuwa will make his way to the Raiders’ old Bay Area, cross-conference rivals in San Francisco.
The rest of the fallout from the events of the past several days remains to be seen, but for now, the Raiders intend to honor all of the non-binding free agent deals they agreed to when they believed Crosby would no longer be on their books, per Breer. With Crosby back in the fold, the purse strings are certainly going to be a bit tighter, but Las Vegas entered the offseason with the most cap space in the NFL, and though they weren’t expecting it, they can shoulder Crosby’s cap burden for the time.
As Crosby restarts his rehab with his old team again, though, he may have to rebuild some bridges that were burned on his way out of Vegas. According to an old report from Michael Silver of The Athletic, Crosby had become frustrated by the presence of minority owner Tom Brady‘s longtime business partner, wellness coordinator Alex Guerrero. Now that he’s back in the building, and it appears that he could be staying, Crosby may have to make nice with someone who “purports to possess significant organizational power” and “is perceived to have a direct pipeline to Brady.” After a disheartening roundtrip to Baltimore, Crosby will have to make peace with the devil he knows.
Teams Eyeing Cowboys DT Osa Odighizuwa
MARCH 11: No communication between Odighizuwa’s camp and the Bengals has taken place, per Kelsey Conway of the Cincinnati Enquirer. She adds a trade is not seen as likely in this case.
MARCH 10: Only one season after inking a lucrative four-year contract, Osa Odighizuwa could be on the move. According to CBS Sports’ Jonathan Jones, “teams are keeping an eye” on the Cowboys defensive tackle.
The Cowboys retained the former third-round pick last offseason, signing him to a four-year, $80MM extension. Since then, the team has added plenty of additional depth at the position. Kenny Clark was acquired as part of the Micah Parsons blockbuster, and the Cowboys later traded for Quinnen Williams. Then today, the organization added a key depth piece in Otito Ogbonnia.
Outside of Ogbonnia, Odighizuwa is the youngest of the bunch and possesses the most upside of the grouping. However, considering his contract and the increasingly crowded DT depth chart, Jones notes that rival teams believe the player “can now be traded for.”
Odighizuwa has established himself as a mainstay on the Cowboys defense. The 27-year-old has only missed a single regular season game through his five seasons in Dallas, and he’s collected at least three sacks in each of the past four years. This includes a 2025 campaign where he tallied 3.5 sacks to go along with 44 tackles and a career-high 23 QB hits. For his efforts, Pro Football Focus graded him 42nd among 127 qualifying interior defenders.
On the flip side, Odighizuwa came off the bench for four of the team’s final six games, an indication that the organization may view him as an equal to the likes of Clark and Williams. Further, there are some questions if the DT fits in Christian Parker‘s scheme, as the new DC tends to utilize longer defensive ends on the interior defensive line.
Ultimately, it’d be a surprise if the Cowboys are willing to bail on their former draft pick so soon after extending him. However, if the team is comfortable with the rest of their current grouping (and wants to open up some extra financial wiggle room), a trade could ultimately make sense.
Cowboys Restructure Dak Prescott, CeeDee Lamb, Tyler Smith’s Contracts
PFR’s Cowboys Offseason Outlook indicated the team exited last week with the league’s worst cap situation. Dallas came into today more than $56MM over the $301.2MM salary ceiling. They are moving back toward cap compliance with some expected adjustments.
The Cowboys restructured Dak Prescott and Tyler Smith‘s contracts Wednesday, ESPN’s Field Yates and Adam Schefter tweet. These moves will create $47MM in cap space, bringing Dallas within $10MM of the 2026 cap. The team also restructured CeeDee Lamb‘s deal to clear more room, per ESPN.com’s Todd Archer. Other possible conversions are available as well. The Lamb move, expected to clear $19MM more in space, slides the Cowboys under the cap.
Dallas used a $28.29MM franchise tag to keep George Pickens off the free agent market. That sank the team deeper into the red. But Pickens is firmly in the Cowboys’ 2026 plans. As a result, contract updates are coming to make it affordable. Quinnen Williams and Osa Odighizuwa‘s deals are also on that list, per the Fort Worth Star-Telegram’s Nick Harris, and a rumored Kenny Clark extension effort would reduce the 2025 trade pickup’s cap hit.
Prescott, 32, is tied to the NFL’s richest contract — a four-year, $240MM extension agreed to hours before Week 1 of the 2024 season. This move will reduce the 11th-year quarterback’s $50.52MM 2026 cap number while inflating future numbers on the through-2028 contract. Before this restructure, Prescott was already due to count more than $74MM against Dallas’ 2027 cap. Another restructure would be on tap before that point.
The Cowboys backed themselves into a corner with Prescott based on previous restructures. His no-tag clause and the void year-driven penalties that would have come in 2025 absent an extension armed the upper-crust QB with extraordinary leverage. He used it to score the $60MM-per-year extension — which still hovers well above the QB market 18 months later.
Lamb is signed through 2028 on a $34MM-AAV extension. The Cowboys have now restructured his deal twice as well. Lamb was due to count $38.24MM on Dallas’ 2026 cap and more than $41MM next year. While Lamb’s 2027 number will balloon, his 2026 figure will drop to create spending space. Smith, who signed the NFL’s most lucrative guard deal last fall ($24MM AAV), is signed through 2030. His cap number will drop from $27.5MM.
Cowboys Plan To Spend More In Free Agency This Year
At approximately $56.133MM in the red, the Cowboys own the worst salary cap situation in the NFL heading into March. That will not be the case for long. Owner Jerry Jones indicated the Cowboys will adjust several contracts to give themselves far more financial freedom before the legal tampering period begins March 9.
Dallas will restructure deals belonging to quarterback Dak Prescott, wide receiver CeeDee Lamb and left guard Tyler Smith, per Todd Archer of ESPN.com. Doing so will free up $66MM in breathing room. The Cowboys will also rework contracts for the expensive defensive tackle trio of Quinnen Williams, Osa Odighizuwa and Kenny Clark. As things stand, they are due to count an untenable $63MM against the cap in 2026.
Once those changes become official, Jones will act aggressively to improve a team coming off back-to-back seven-win seasons. Adding defensive lineman Solomon Thomas on a two-year, $8MM deal was the Cowboys’ priciest outside free agent signing last offseason. It appears they will operate much differently this year.
“I would bet that we will spend more money in free agency than we have,” said Jones, who added that the team also has “ammunition” to be active on the trade front.
On the offensive side, the Cowboys have already placed the $27.298MM franchise tag on receiver George Pickens and re-signed running back Javonte Williams to a three-year, $24MM pact. Those two were key contributors on one of the league’s best offenses in 2025, whereas the Cowboys’ last-ranked scoring defense was a train wreck. The unit predictably stumbled after losing its best player, outside linebacker Micah Parsons, in a late-August blockbuster trade with the Packers.
The Cowboys received Clark and two first-round picks in the Parsons swap, giving them a pair of No. 1s in each of the next two drafts. They have picks 12 and 20 in Round 1 this April. It seems fair to expect the Cowboys to use both of those selections to upgrade their defense. Regardless, the 83-year-old Jones expects immediate impact from his top rookies in 2026 (via Jon Machota of The Athletic).
Having kept Pickens and Williams from the open market, the Cowboys will turn their attention to complementing their prolific offense with a vastly improved defense. New coordinator Christian Parker‘s plan to implement a 3-4 base, which Dallas has not run since 2012, only increases the urgency for outside additions.
Cowboys, Osa Odighizuwa Agree To Deal
MARCH 7: Odihizuwa will receive $52MM guaranteed in total, according to ESPN.com’s Todd Archer. The blossoming DT’s first two base salaries are guaranteed at signing, with Archer adding $13MM of his 2027 base salary ($20MM) shifts from an injury guarantee to a full guarantee on Day 5 of the ’27 league year.
In terms of fully guaranteed money, Pro Football Talk’s Mike Florio sets that number at $39MM. Odihizuwa’s total guarantee number sits 11th among D-tackles; his full guarantee places 14th.
MARCH 3: The franchise tag will not be needed in the case of Osa Odighizuwa. The fourth-year defensive tackle has reached agreement on a pact which will keep him in place with the Cowboys well beyond 2025.
Team and player have agreed to terms on a four-year, $80MM contract, per Odighizuwa’s agent. ESPN’s Adam Schefter adds the deal contains $58MM in guarantees including a $20MM signing bonus. He will be on the books through 2028. The team has since announced the deal, one which Ian Rapoport of NFL Network notes will include $22.25MM in compensation this year.
Contract talks were known to be ongoing in this situation, and Odighizuwa represented a logical priority for the Cowboys with respect to in-house players being retained. A long-term deal was a target for both parties, but this afternoon’s franchise tag deadline loomed as a key checkpoint. Dallas was prepared to use the tag to prevent Odighizuwa from hitting the market, but that will no longer be necessary.
Applying the tag would have come at a cost of $25.12MM, and the Cowboys would have been required to carry that figure on their cap sheet had no mult-year agreement been worked out. Odighizuwa had been connected to an asking price around $20MM, though, and today’s pact will allow for Dallas to meet it while also having the flexibility brought about by a long-term deal. At the age of 26, expectations will be high for continued production moving forward.
Odighizuwa handled a steady workload across his first three seasons, and his output remained consistent during that span. In 2024, the former third-rounder saw his playing time jump to 78% and he responded with new personal highs in a number of categories. Odighizuwa racked up 4.5 sacks, 33 pressures and 23 quarterback hits, a sign that further development as a disruptive interior presence could be coming in 2025 and beyond.
Between his age and his upside, the UCLA product was on course to be among the free agents on the market this spring. Odighizuwa was arguably the top defensive tackle option, a title which will likely now fall to the Eagles’ Milton Williams. The latter’s market will be increasingly interesting to monitor once the negotiating window opens next week now that Odighizuwa is no longer available.
The Cowboys’ front seven was a sore spot in 2024. The team ranked 29th against the run, so changes along the defensive interior and/or at the linebacker positions will be required for improvement to be seen. The scheme used by new defensive coordinator Matt Eberflus relies heavily on having a disruptive three-technique, however, and with Odighizuwa’s future now assured the Cowboys will continue having that up front.
Dallas has former first-rounder Mazi Smith attached to his rookie contract, but the rest of the team’s DT depth chart could see changes this offseason. Veterans Carlos Watkins and Linval Joseph are pending free agents, and their departures would create the need for inexpensive replacements in free agency or the arrival of rookies during the draft. Given this investment, a lucrative deal elsewhere along the defensive front (where DeMarcus Lawrence and other edge rushers could soon depart) would come as a surprise.
The defensive tackle market has surged in recent years. 14 players at the position are attached to a contract averaging at least $21MM per season; Odighizuwa has not quite reached that mark but this deal represents a massive raise compared to his rookie pact. After taking less (in terms of annual earnings) than what one or two franchise tags would have paid out, his future for several years is now secure.
Cowboys Prepared To Tag Osa Odighizuwa; DeMarcus Lawrence Hopes To Re-Sign
Micah Parsons‘ pending mega-extension is a key talking point related to the Cowboys’ offseason. The team has other pressing matters in the front seven, though, as free agency approaches. 
DeMarcus Lawrence has spent his entire career with Dallas, including the past four as Parsons’ running mate along the edge. The four-time Pro Bowler is on track to reach the open market, and a departure would allow the Cowboys to transition to a younger core in the pass-rush department. Lawrence is aware he could explore other opportunities as a free agent, but his preference would be to remain in place.
“The ball is in their court. I’m not only going to play in Dallas,” the 11-year veteran said (via Mac Engel of the Fort Worth Star-Telegram). “I’m going to have other options, but I’d like to stay here. It would be a glorious thing. My family is here. I love it here. The fans love me here.”
Lawrence played on the franchise tag in 2018, and was tagged again the following year before a five-year deal was worked out. A three-year pact signed in 2022 ensured the former second-rounder would continue with the Cowboys, and Lawrence did not miss a game over the first two campaigns of that stretch. In 2024, though, he was limited to only four contests; that missed time could hinder his market value.
At a minimum, Lawrence’s comments confirm he intends to continue his career in 2025. Entering his age-33 season, the Cowboys were recently reported to be waiting to see how he would proceed. It will be interesting to see if Dallas matches the Boise State product’s desire to work out another new pact. In addition to Parsons (who could soon become the league’s highest-paid defender), the Cowboys’ depth chart along the edge includes recent draftees Sam Williams and Marshawn Kneeland.
Stephen Jones has made it clear talks on a deal preventing defensive tackle Osa Odighizuwa from reaching free agency. Talks are ongoing, and reaching agreement on a pact would give the Cowboys clarity along the D-line before the start of the new league year. ESPN’s Jeremy Fowler writes progress has been made recently, and the DT market would lose arguably its most impactful member in the event talks reached the finish line shortly.
Failing that, Fowler’s colleague Dan Graziano notes the franchise tag could come into play. Using the tag in 2025 would result in a one-year guarantee of $25.12MM in Odighizuwa’s case – a massive raise compared to his rookie deal. The top of the position’s market has surged in recent years, and at the age of 26 the former third-rounder will be in position to command a lucrative long-term deal with Dallas or an outside suitor. Using the tag (a decision which must be made by Tuesday afternoon) would give the Cowboys until mid-July to negotiate a multi-year Odighizuwa pact. Fowler’s latest update on the situation confirms the Cowboys are indeed prepared to use the tag in this case.
Dallas’ list of in-house priorities also includes the likes of slot corner Jourdan Lewis and running back Rico Dowdle. As the team weighs its options on those fronts, Lawrence and Odighizuwa will remain names to watch closely over the coming days.
Cowboys, Micah Parsons Begin Negotiations; Latest On Osa Odighizuwa’s Asking Price
After taking their time on CeeDee Lamb and Dak Prescott extensions last year — to the point the ultra-rare game-day deal came to pass before Week 1 (with Prescott) — the Cowboys are at least starting the Micah Parsons process.
As of last week, the sides were not talking. They are now, per the Dallas Morning News’ Calvin Watkins, who describes these as general discussions. They will pertain to a monster extension, as Parsons joins a few edge rushers in the running to alter the position’s financial landscape this offseason.
Parsons has said he hopes an extension will be in place by training camp, later communicating there is a plan in place between he and the team regarding his second contract. This came after Parsons indicated in December he wanted a deal before free agency. That seems almost certain not to happen, as the Cowboys regularly hammer out their top extensions — save for the first Prescott re-up, which featured a franchise tag deadline — late in the summer.
Parsons joins T.J. Watt and Trey Hendrickson in contract years, with Myles Garrett squarely on the extension radar — with the Browns or another team, depending on how his trade saga ends — despite two seasons remaining on his deal. Parsons has said he expects to the NFL’s highest-paid non-quarterback. Other edge rushers will be in the mix for that title, as will Ja’Marr Chase.
Trade rumblings have come out on Parsons, who would fetch more than Garrett would due to his age (26 in May). Jerry Jones did his best to refute those, but a report last month had the Cowboys at least discussing the matter internally. As the Cowboys have Prescott and Lamb tied to top-market deals, a third landmark payday would restrict their ability to round out a roster. Dallas deciding to trade the youngest of their top trio would be an interesting move, as Parsons is probably the team’s best player. For now, the conversation will center on an extension, rather than a seismic swap.
Beginning his career with three All-Pro nods, Parsons is one of the NFL’s premier players. He will command a deal north of Nick Bosa‘s $34MM-per-year accord. The cap has climbed by $55MM since the Bosa deal came to pass. With Garrett, Watt and Hendrickson also in play for new contracts, this market being topped by a $40MM-AAV pact will not be out of the question come Week 1. The Cowboys are currently low on cap space, holding barely $3MM. They also will face a $26.4MM Zack Martin dead money bill from his retirement, though the future Hall of Fame guard could work with the team — as Jason Kelce and Fletcher Cox did the Eagles — to help save money via a post-June 1 transaction.
The Cowboys have a while on Parsons, but they are running out of time with Osa Odighizuwa. The ascending D-tackle has been in talks with the team on a second contract for weeks, and he is poised to be one of this year’s top free agents. As such, Watkins views $20MM per year as a floor for the four-year starter. Odighizuwa and Milton Williams are expected to fetch big contracts on this year’s DT market, but the Cowboys could buy more time by franchise-tagging their free agent-to-be. Of course, that would require maneuvering to create cap space, as it would cost $25.12MM for the team to tag Odighizuwa. The Cowboys have used the tag in six of the past seven years.
Unable to break through to snap their NFC championship game drought — now the NFC’s longest — with Parsons and Odighizuwa on rookie contracts, the Cowboys will now see their roster become more expensive. They have until 3pm CT March 4 to tag Odighizuwa and until 11am March 10 to conduct exclusive negotiations.
Stephen Jones: Cowboys Will Be “Selectively Aggressive” This Offseason
The Cowboys are hoping to steal headlines this offseason, but the team is making it clear that they won’t force any moves. While speaking with reporters at the combine today, Cowboys executive vice president Stephen Jones told reporters that his team will be “selectively aggressive” when it comes to transactions.
[RELATED: Cowboys Begin Negotiations With Osa Odighizuwa]
“Obviously, our goals historically have been to try to fill as many of our musts and needs before the draft so you can pick the best player on your board,” Stephen Jones said (via ESPN’s Todd Archer). “Didn’t get that totally accomplished last year, but certainly that’s always the goal. And every year is different in terms of what those musts and needs are, and then you also have to marry what’s in free agency vs. where the draft is heavy and where we can help ourselves in the draft.”
The Cowboys’ 2024 season ended in disappointment and change, as the team moved on from Mike McCarthy after failing to make the playoffs. Part of the team’s lack of success was due to Dak Prescott‘s season-ending hamstring injury, although the Cowboys were only 3-5 in their quarterback’s eight starts.
There’s clearly work to do if the Cowboys hope to return to the postseason. The team has holes on both sides of the ball, and while they’ll find a few options via the draft, they’ll be reliant on some newcomers to be productive. That could require the front office to pony up, and it seems like they could be willing…to an extent.
Further, similar to last year, the Cowboys will also be focused on extending their star players. After inking Prescott and CeeDee Lamb to new deals, the team’s now motivated to sign pass rusher Micah Parsons to a new pact. We’ve heard the Cowboys have also talked to defensive tackle Osa Odighizuwa‘s camp about a new deal, and the team has a long list of additional players who are set to hit free agency.
Therefore, when Jones says his team will be “selectively aggressive,” it could come in many forms. While fans would naturally like to see a big splash via free agency or trade, the team’s notable moves may be more in-house. Still, Jones wasn’t shy about exploring every possible route to improve the Cowboys.
“We’re going to look at everything we can,” Jones said (via Archer). “You have a certain amount of resources they allow you to have. But we’re going to try to improve our football team. Not try. We’re going to improve our football team and we expect to have success [this] year.”

