Dallas, Texas – The Dallas Cowboys have taken steps to reduce quarterback Dak Prescott’s salary cap hit by restructuring his contract for the final year, according to sources familiar with the situation. By converting a $5 million roster bonus into a signing bonus, the move has decreased Prescott’s 2024 cap hit to just over $55 million.
The team is also exploring the possibility of extending Prescott’s contract further to create more salary cap flexibility. Despite a disappointing wild-card loss in the playoffs, Prescott remains a key figure for the Cowboys, with owner Jerry Jones expressing intent to keep him onboard.
In addition to Prescott’s contract adjustments, the Cowboys have strategically added voidable years in 2027 and 2028 to modify the salary cap structure. This move slightly increased Prescott’s cap number in 2025 to $40 million.
Furthermore, the team’s quiet approach in free agency is partially attributed to upcoming contract negotiations with standout players like CeeDee Lamb and Micah Parsons. Securing Prescott’s future beyond the current season could facilitate smoother negotiations with other key players.
Eric Kendricks, a linebacker signed on a one-year deal worth up to $3.5 million, is the sole addition to the Cowboys’ roster from another team. This move came after the release of Leighton Vander Esch, the team’s 2018 first-round pick, due to a failed physical designation following a season-ending injury.
Overall, the Cowboys’ financial maneuvers aim to balance their roster and secure key players for the future, setting the stage for further developments in the team’s strategic planning.