10:55pm: The Cowboys have until July 15 to work out a multiyear deal with Pickens, but it does not appear that will happen. “We’ve made a decision that we’re going to have George Pickens (play under the franchise tag),” executive vice president Stephen Jones said Wednesday (via Jon Machota of The Athletic). “There won’t be negotiations on a long-term deal.”
Barring a 180 from the Cowboys, Pickens is in line to become the first NFLer to play under the tag since Bengals receiver Tee Higgins did so in 2024. Pickens has yet to sign his franchise tender, though, and it is unclear if he will take part in their offseason program (per Machota). Pickens will be the fifth Cowboy to play on the tag since 2018, as DeMarcus Lawrence (2018), Dak Prescott (2020), Dalton Schultz (2022) and Tony Pollard preceded the wide receiver here.
11:24am: The Cowboys have made little progress on a long-term deal with wide receiver George Pickens, who is currently tied to a $27.3MM salary cap for the 2026 season.
“They’re nowhere with George Pickens right now,” ESPN’s Adam Schefter said on Get Up ESPN on Wednesday. “They are not really talking about an extension. They’re not close to an extension. They are not getting a deal done at this point in time.”
Pickens, 25, arrived in Dallas last offseason via a trade with the Steelers. He put up career-highs of 93 catches, 1,429 receiving yards, and nine touchdowns, leading the Cowboys and ranking among the league’s top-10 receivers in each category.
With the wide receiver market eclipsing $40MM, Pickens’ production set up an inevitable franchise tag. The Cowboys have repeatedly indicated they would like to work out a long-term deal, but the four-year veteran may have an aggressive ask. Dallas could also be comfortable with the price of his franchise tag and plan to see if Pickens can recreate his production. That would set up an even more expensive franchise tag and/or multiyear extension in 2027, though any regression could perhaps lead to a cheaper deal. That still feels unlikely given Pickens’ ascendance and the ever-rising price of premium receiver talent, but it is certainly possible.
The Cowboys may also consider selecting a top wideout in this weekend’s draft to give themselves multiple options for their receiver room in the short- and long-term.
“That situation is just sitting out there,” Schefter adds. “And the Cowboys are said to really like [Arizona State wide receiver] Jordyn Tyson.”
Tyson’s stock has risen significantly since his workout in front of several teams, who are now more confident about his medical history. The Cowboys would probably have to use their first first-round pick (No. 12 overall) to get him, if he even falls that far. They have been linked to a trade into the top 10, but those reports have generally indicated that Dallas would make such a move for an elite defender, not an offensive skill player.
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