Parcells Deal Completed

Former Giants, Jets, and Patriots head coach Bill Parcells is back in coaching, this time with the Dallas Cowboys. A formal announcement introducing the legendary coach as Dave Campo's replacement is expected Thursday.

Bill Parcells is coming to Dallas- and this time it won't be as an opposing coach. In a move that has been rumored for weeks now, the Dallas Cowboys will formally announce his hiring during a news conference Thursday afternoon.

"I just needed to think some things over and sleep on it one last time," Parcells said earlier today. "All these other reports were premature until this morning. This is important to both Jerry and me. We don't want to fail. It's got to work and I feel good about it.

Parcells comes to Dallas after several coaching stops in during his career. He led the New York Giants to two world championships during his tenure in the Big Apple, he also led the New England Patriots to the Super Bowl, and the New York Jets to the AFC title game. His career record is 138-100-1, which computes to a .579 winning percentage.

The former coach was most recently with the New York Jets in 1999. He left New York after that season before contemplating a return to the sidelines last year with the Tampa Bay Bucs. In fact, a contract was actually in place before Parcells backed out at the last minute.

The latest reports out of Valley Ranch have Parcells agreeing to a four-year deal worth between $17.1 and $17.5 million. Based on that contract, Parcells will be the first coach in Cowboys' history to earn over one million dollars annually.

The deal, which had been rumored to be in the works weeks ago, hinged on several important issues, most concerning the ability for Parcells to have significant input into the upcoming NFL Draft. The Cowboys will have the 5th overall pick in the 2003 draft this April, and they will likely have the chance to draft an impact player- just like last year.

Parcells has a proven track record of drafting and developing quality talent and his background should help prevent some of the draft day fiascos we've seen in the past- like taking Georgia quarterback Quincy Carter in the 2nd round.

Jerry Jones and Parcells met for over 11 hours over the course of the last two weeks to finalize the contract and iron out all of the detials. The news conference is expected to begin Thursday afternoon at 5 o'clock.

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