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If no extension is agreed upon before January 14th, McCarthy will become an unrestricted free agent, which prompts the Cowboys to act quickly if they wish to retain him. The clock is ticking, and it's clear that time is of the essence for both McCarthy and the organization.

McCarthy's Position

Despite a season that saw McCarthy confront significant challenges—most notably a humbling loss to the Green Bay Packers—he has earned a measure of respect and affection from the players and the owner, Jerry Jones. The nature of McCarthy's contract situation adds another layer of complexity; he began the season without a contract extension, a precarious position made even more difficult after the team's disappointing performances earlier in the year.