Cowboys create important quantity of cap area by transforming Dak Prescott’s deal

The Cowboys have restructured Dak Prescott‘s contract, in keeping with 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 following 5 years of the contract. His cap quantity in 2025 dropped to $53M with will increase of $9.15M in every of the following 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 group now has $54.3M in cap area, the eighth-most within the NFL.
That’s not a ultimate quantity, because the Cowboys may nonetheless make a number of strikes within the subsequent week. They’re anticipated to put 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 instructed, Dallas ought to enter free company with about $50M in cap area, however latest feedback from proprietor and normal supervisor Jerry Jones ought to mood expectations of a spending spree.
“I don’t suppose aggressive is the fitting phrase,” stated Jones (by way of WFAA’s Ed Werder). “I’m not free company as a spot to fill voids.”
Jones added that the group is planning to prioritize the draft over free company, although their creation of cap area counsel that they intend to make some signings.