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Micah Parsons trade was ‘based on mathematics’

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Dallas Cowboys owner Jerry Jones told CNBC Thursday the decision to trade Micah Parsons ultimately came down to simple math.

Jones appeared on CNBC’s “Closing Bell: Overtime” to talk about the Dallas Cowboys’ record $12.5 billion valuation as the team kicks off the 2025-2026 season.

On August 28, the Green Bay Packers signed Parsons to a four-year, $186 million contract extension, $136 million of which is guaranteed, according to Spotrac. The deal came after a months-long feud with the Cowboys over his contract and makes Parsons the highest-paid non-quarterback in NFL history, according to ESPN.

“If you look at what his numbers are in terms of his compensation over the next five years… and then you look at those draft picks that we got, and you look at what those numbers could pay to other players, you’ll see about five of maybe the very best players as you can get in the NFL, for what one gets in Micah,” Jones told CNBC’s Michael Ozanian Thursday.

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Jones said it wasn’t personal, adding he likes the 26-year old defensive end and thinks he’s a great player.

“You know our game has availability issues. In other words, if you’re hurt, you don’t play. Well the odds of having more for that much compensation, the odds of getting more people playing on the field every game as opposed to having it all on one or two, it’s an opportunity for us,” Jones said. “It fits us right now.”

Micah Parsons #11 of the Dallas Cowboys celebrates after a play against the Washington Commanders during an NFL football game at AT&T Stadium on January 5, 2025 in Arlington, Texas.

Cooper Neill | Getty Images

Parsons, a four-time Pro Bowler, is in the final year of his rookie contract, worth about $24 million, according to Spotrac.

He has established himself as one of the top defensive players in the league, recording more than 12 sacks in each of the past four seasons.

“I’m proud for him, proud for Green Bay,” Jones said.



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Funding & Business

Steady CPI Data Raise Chance of 2025 Rate Cuts

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Matt Luzzetti, chief US economist at Deutsche Bank, reacts to the latest inflation data as steady increases in CPI – the consumer production index – are another signal the Fed is set to cut rates when officials meet next week. (Source: Bloomberg)



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Funding & Business

Pagaya President on Buy Now, Pay Later Business Model

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Papaya Co-Founder and President Sanjiv Das discusses how the buy now, pay later business model in terms of retail lending is enduring and profitable with Scarlet Fu on ‘Bloomberg Markets.’ (Source: Bloomberg)



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US Can't Be 'Driven By Fear' After Kirk Killing, Says Rep. Stevens

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Democrat Representative Haley Stevens of Michigan said that she wants to see the temperature in the US come down, condemning the killing of conservative activist Charlie Kirk. The congresswoman said that lawmakers ‘putting their heads in the sand’ is not the answer amid threats. (Source: Bloomberg)



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