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.
With the Cowboys just $175,000 under the salary cap and unable to improve through free agency, it’s time for Jerry Jones to answer the questions fans want to know.
Dallas linebacker Anthony Spencer has signed a $10.6 million one-year tender, securing his return to the Cowboys while he seeks a long-term deal.
The major focus at Valley Ranch is the extension of quarterback Tony Romo, which would offer huge relief from his $16.8 million cap impact – maybe cutting that in half.
The organization has an appreciation for Sensabaugh, too. But this move saves them about $1.4 million on the 2013 cap and frees them of $3 million in total.
The Cowboys signed Phil Costa to a two-year contract, pulling off another deal to save salary cap space. The move came days after the team reworked contracts with five other players.
Cornerback Brandon Carr was one of the individuals to have his money shifted around in an effort for ‘America’s Team’ to get under the salary cap.
With free agency on the horizon, NFL teams are sweating the weight of the salary cap. But good news comes in the form of small relief, as the cap has come in at $123 million.
The Cowboys have reworked the contracts of five starters, including DeMarcus Ware, Jason Witten and Miles Austin, to save salary cap space.
The activation of a cap-relief clause in DeMarcus Ware’s contract is a done deal, according to Dallas Cowboys sources.
So is the new contract the Dallas Cowboys intend on giving quarterback Tony Romo a “reward’’? Or a matter of cap math?