The dismissal of Miles Austin as a post-June 1 has freed up $5.5 million in cap space that will be available to spend in June.
The Dallas Cowboys are cutting two of their fan favorites, Demarcus Ware and Miles Austin on the first day of NFL Free agency. The moves were really no surprise.
The Cowboys may have “flipped the switch” on Tony Romo’s contract, but that doesn’t mean anything will change.
The Cowboys began the execution of their year-long plan to get under the NFL salary cap of $134 million by “flipping the switch’’ on clauses in the contracts of Tony Romo, Sean Lee and Orlando Scandrick.
For whatever reason, the Cowboys are constantly immersed in this ‘controversy’ where financial acumen and talent evaluation clash.
DeMarcus Ware will undergo elbow surgery on Feb. 18, an action that further muddies the pass-rusher’s future with the Dallas Cowboys.
Bailey, 25, is set to be a restricted free agent. The Cowboys can issue him a first-round tender (guaranteeing Bailey a salary of about $3 million) or a second-round tender (at about $2 million).
When it is all over we may very well have a legal opinion and settlement that defines who was in the right, who was in the wrong and to what extent. But this is what I believe is the real reason things went crazy.
Calculators all over Cowboys Nation are spitting sparks and being enveloped in smoke as a result of the ESPN report that alleged Dallas’ 2014 cap is going to be a “train wreck.’’
The Cowboys insist they are “not hurrying’’ Jay Ratliff back from the injuries that have kept him off the field for the last eight months. But some observers are impatient.
As recently as February, the Cowboys were $20 million over the NFL salary cap and existed in “Cap Hell.’’ A spring of financial tinkering has Dallas now $9.7 million under the cap.
Jerry Jones got the Dallas Cowboys in a salary cap mess during the late 90s and early 2000s by constantly restructuring contracts.