Team optimistic he'll sign tag

The Cowboys aren't sure if Pickens will participate in the offseason program after they ended negotiations on a long-term contract, but the team is optimistic he'll sign his franchise tag before Week 1, Jon Machota of The Athletic reports.

Pickens likely was hoping for a multi-year deal with a signing bonus larger than his $27.3 million franchise tag. The Cowboys are hoping he'll respond to their direct approach, having informed agent David Mulugheta last week that they don't want to discuss a long-term contract and hope Pickens will play under his tag. For now, Pickens isn't technically under contract and thus can't be fined for missing practices or meetings. If he were to remain unsigned at the start of the regular season, he'd then miss out on $1.52 million each week until he signs and reports to the team. In the meantime, trade rumors are sure to swirl, especially given that this announcement comes on the eve of the 2026 NFL Draft. Pickens would have to sign his franchise tag to facilitate a trade, with any team acquiring him then having until July 15 to hammer out a long-term contract. That said, Cowboys COO Stephen Jones gave the impression that he expects Pickens to eventually sign his tag and play for the team in 2026.