Dallas Cowboys owner Jerry Jones is predicted to cost his team $56 million by waiting too long to sign pass rusher Micah Parsons to a longterm contract.

As the Dallas Cowboys prepare to start training camp later this month, Micah Parsons' contract situation continues to be the team's biggest storyline.

Dallas reportedly worked on a new deal for months, but with camp approaching, there is increasing urgency to get something done. Although the Cowboys picked up Parsons' fifth-year option and control his rights through the 2025 season, his scheduled $24 million salary is well below his market value.