MAY 8: When speaking to reporters for the first time since the trade, Pickens confirmed (via NFL Network’s Jane Slater) his focus is not on his contract situation at this point. Playing out the 2025 campaign as a pending free agent would certainly add a layer of intrigue to his debut Dallas season.
MAY 7: The Cowboys are now the team evaluating George Pickens regarding an extension, having acquired the contract-year wide receiver from the Steelers on Wednesday morning. With CeeDee Lamb already on Dallas’ payroll at $34MM per year, Pickens should not be considered a lock to receive his second contract in Dallas.
Sending the Steelers a trade haul headlined by a third-round pick, the Cowboys should certainly be considered open to a Pickens extension. As of now, however, Pickens may not be overly interested in one. The fourth-year wideout is not believed to be interested in an immediate payday, according to AllDLLS.com’s Clarence Hill. The trade pickup sounds prepared to increase his value in Dallas.
Pickens, 24, could certainly boost his stock by thriving as a Lamb complementary piece with Dak Prescott targeting him. Russell Wilson‘s eventual Hall of Fame case notwithstanding, Prescott is a better option than the former Super Bowl winner’s age-36 season presented Pickens. A player previously tied to Wilson, Justin Fields and Kenny Pickett during his Pittsburgh run, Pickens wanting to show he can put up better numbers with Prescott makes sense. A Cowboys team that has been known to delay high-profile extensions is familiar with such patience, even as prices rise.
Steelers hesitancy regarding a Pickens extension cropped up months before the trade. The Georgia product entered the NFL with maturity concerns, and he has not dispelled those. The Steelers dealt with Pickens’ occasional issues while using him as their No. 1 wide receiver last season. A position group that housed Pickens and the mercurial Diontae Johnson together for two years proved challenging for the Steelers, who have remade their receiver room around D.K. Metcalf‘s $33MM-per-year contract. Going all the way back to the Hines Ward days, the Steelers have refrained from giving two receivers notable extensions. Ward, Antonio Brown and, briefly, Johnson held slots as extended Steelers wideouts. Metcalf now steps into that role, one Lamb holds in Dallas.
The Cowboys had the opportunity to extend Lamb in 2023, his first year of eligibility, and drew criticism for not doing so and letting the market rise. Justin Jefferson‘s deal drove up Lamb’s price, and he eventually agreed on a four-year, $136MM contract. Though, Lamb also did not sound overly eager to land an extension before his fourth season. The 2020 first-rounder reshaped his market by posting a first-team All-Pro season in 2023. Pickens may not have that ceiling in Dallas, assuming Lamb stays healthy, but his work with Pickett, Fields and Wilson point to upside — especially as the proven deep threat enters only his age-24 season.
The receiver market has seen two boom periods since Pickens’ debut, as the 2022 and ’24 offseasons brought fireworks. Ja’Marr Chase has since taken the market past $40MM per year. This ceiling lift probably will not closely impact Pickens, but Tee Higgins having secured $28.75MM per year could. With a $40MM-plus-AAV Micah Parsons accord — to top Chase as the NFL’s highest-paid non-QB — likely coming before Week 1, the Cowboys may have a difficult time paying Pickens, especially if the former No. 52 overall pick is committed to betting on himself.
With Higgins off the board as a potential 2026 free agent, Pickens could become the WR market’s prize next year. As it stands, Terry McLaurin and Deebo Samuel are out of contract in 2026. So are Mike Evans and Courtland Sutton. Being much younger than this group, however, will stand to vault Pickens to the top of the line. With no Cowboys WR2 extension imminent, Pickens appears to be aiming to land a No. 1-level deal after a season in Dallas.