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Cowboys clear $27 million of cap room; what will they do?

One could probably expect why the Dallas Cowboys are saving their pennies.

 

On Friday, the Dallas Cowboys converted $15 million of DeMarcus Lawrence’s $16.9 million base salaries into restructured bonus money. This breaks up that portion of his base salary and spreads the money out in $3 million installments over the next five years, which includes a voidable year in 2024.

 

This clears up $12 million of cap room. The Cowboys did the same move with Zack Martin on Wednesday and Tyron Smith three weeks ago. This opens up nearly $27 million in cap space for next year.

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They have gone from virtually no cap room to having the fourth-most cap room in the league with just over $29 million.

 

With all this money being shuffled, one has to wonder what is yet to come. Quarterback Dak Prescott is playing on a one-year franchise tag that pays him just over $31 million. The Cowboys could be saving their money to give Prescott the potential long-term deal that pays him between $35-$40 million.

 

There’s another theory that the Cowboys could be playing all of us and trying to lure All-Pro safety Earl Thomas to Dallas.

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According to NFL Network’s Ian Rapoport, the Cowboys are not looking into Thomas. However, since the Baltimore Ravens released Thomas due to an on-the-field incident with a teammate, he remains a free agent.

 

With injury concerns to Xavier Woods and the fact that Thomas is still one of the best at his position, one has to wonder if the Cowboys could use some of that excess money to lure him to the team.

 

The money is there. What will the Cowboys do with it?

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