Insider updates if Cowboys' Micah Parsons is close to receiving extension

Also on Tuesday, Cowboys executive vice president Stephen Jones said he would let reporters know about a potential Parsons extension "when it happens."

Watkins seemed to confirm previous takes that claimed Parsons and Mulugheta are looking for a contract that will surpass the four-year, $160M extension that included $123.5M guaranteed that Cleveland Browns star Myles Garrett received earlier this offseason. It's unclear how T.J. Watt of the Pittsburgh Steelers getting an extension either from his current employer or a different club this summer could impact how much Dallas will have to pay Parsons. 

Parsons turned 26 in late May, while Watt will be 31 in October.

Last summer, Cowboys wide receiver CeeDee Lamb had to wait until late August before he inked a four-year, $136M deal. It was only learned hours before the Cowboys' 2024 season opener that quarterback Dak Prescott had agreed to a four-year contract extension reportedly worth $240M with $231M guaranteed. 

Thus, history shows negotiations between Parsons' camp and the Cowboys could continue through the start of training camp. It remains to be seen whether he will participate in those summer sessions if he doesn't have an extension in hand at that time.