The Cowboys have restructured Dak Prescott‘s contract, according to ESPN’s Todd Archer, creating $36.6M of cap area on high of the $20M created by Tuesday’s restructure of CeeDee Lamb‘s deal.
The transfer converts $45.75 of Prescott’s 2025 wage to a signing bonus that’s then prorated throughout the subsequent 5 years of the contract. His cap quantity in 2025 dropped to $53M with will increase of $9.15M in every of the subsequent 4 seasons. Prescott’s cap hits in 2026, 2027, and 2028 at the moment are above $70M, giving him leverage to barter one other extension within the subsequent two years.
Dallas entered the week above the 2025 wage cap. By avoiding a franchise tag for Osa Odighizuwa and restructuring the contracts of Lamb and Prescott, the staff now has $54.3M in cap area, the eighth-most within the NFL.
That’s not a closing quantity, because the Cowboys may nonetheless make a number of strikes within the subsequent week. They are expected to place a second-round RFA tender on KaVontae Turpin that may price $5.35M, and negotiations are underway with Micah Parsons on an extension that would decrease his $24M cap hit.
All advised, Dallas ought to enter free company with about $50M in cap area, however latest feedback from proprietor and common supervisor Jerry Jones ought to mood expectations of a spending spree.
“I don’t assume aggressive is the correct phrase,” stated Jones (via WFAA’s Ed Werder). “I’m not free company as a spot to fill voids.”
Jones added that the staff is planning to prioritize the draft over free company, although their creation of cap area counsel that they intend to make some signings.