Here’s what we know about his contract negotiations with Dallas: The Cowboys picked up the fifth-year option on Parsons’ rookie contract last offseason, meaning he is under contract in Dallas for 2025. He is set to be paid just over $24 million next season. The team could also place the franchise tag on Parsons twice after the 2025 season.

Former Dallas Cowboys quarterback Tony Romo has no concerns over the Micah Parsons contract situation. Dallas Cowboys pass-rushing linebacker Micah Parsons wants a new contract, and the general feeling is that the "Lion" and the NFC East franchise will eventually come to terms.

The Cowboys hope Parsons can step into a greater leadership role, which may be part of the reason they moved his locker closer to Prescott despite the two playing on opposite sides of the ball. Parsons is on the brink of signing a historic contract extension that’s expected to make him the highest-paid non-quarterback in NFL history.