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In a medium bowl, combine the breadcrumbs with milk and set aside to soak for 2 minutes.
Add the onion, garlic, parsley, and sun-dried tomatoes to a food processor. Pulse until finely chopped, scraping down the sides as needed.
Shape the mixture into 18-20 meatballs, about 2.5 inches each. Place them on the prepared baking sheet and spray with cooking oil spray.
Bake in the oven for 15-20 minutes, or until the meatballs are crisp on the outside and cooked through.
In the same pan, melt the butter and add the garlic. Cook until fragrant, about 1 minute.
Whisk in the Parmesan cheese until melted.
Add the baked meatballs to the sauce and cook for an additional 2 minutes, or until the sauce thickens slightly.
Chop the bacon and sprinkle it over the sauce.