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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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US Treasuries Rise as Mixed Data Leave Fed Rate Cuts Intact

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Analysis of US CPI Report for August

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