The Cowboys hit a home run when they drafted former Penn State star Micah Parsons with the 12th overall pick in the 2021 NFL Draft.
Parsons has bloomed into one of the best game-wreckers in the NFL. In recent years, Parsons and the defense that’s been built around him is a key factor in the position of the Dallas Cowboys odds.
But Dallas also has a problem – it has too many stars and not enough cap room. And with fresh extensions recently given to Dak Prescott’s contract and CeeDee Lamb’s contract, it’s fair to wonder what Dallas’ plan is with Parsons still unpaid.
The Cowboys have one more year to figure it out.
Micah Parsons Contract
In June 2021, Micah Parsons signed a four-year rookie contract worth $17,079,793. He is currently under contract through 2025.
Like most top picks, Parsons’ deal is fully guaranteed.
Micah Parsons Fifth-Year Option
Like all first-round picks, Parsons’ rookie deal includes a fifth-year option that can be executed by the team.
The Cowboys exercised their fifth-year option for Parsons in April, extending their contractual control of him through the end of the 2025 season.
Micah Parsons Salary
In 2024, Parsons will draw a base salary of $2.99 million.
In 2025, Parsons’ compensation will take a big leap up to $21.3 million, thanks to the fifth-year option salary table.
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