Cleveland Browns star Myles Garrett set the mark for defensive ends by agreeing to a contract extension this offseason with an average annual salary of $40 million. It's almost guaranteed that the Cowboys will have to exceed that figure if they want to retain Parsons on a long-term deal.

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.

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.