The Dallas Cowboys have officially moved under the NFL's $301.2 million salary cap on Wednesday after restructuring the contracts of quarterback Dak Prescott, wide receiver CeeDee Lamb, and offensive lineman Tyler Smith, per Todd Archer of ESPN.
The maneuvers allow the Cowboys to meet the league-mandated cap limit before the start of the new league year. By restructuring these three specific deals, the front office has created the necessary financial flexibility to operate within the salary cap constraints. Dak Prescott and CeeDee Lamb are both cornerstone pieces of the Dallas offense, and their contracts are often the primary focus of the team's financial planning. Tyler Smith, a key protector on the offensive line, also saw his deal adjusted to facilitate the move.
According to reports shared by Adam Schefter, these adjustments were a critical step for the franchise as they navigate a tight financial landscape ahead of the upcoming season. The restructuring process typically involves converting a portion of a player's base salary into a signing bonus, allowing the team to spread the cap hit over the remaining years of the contract.
The Cowboys entered the day needing to shed significant salary to comply with the $301.2 million threshold. These three moves provide the immediate relief required to remain compliant with NFL league office rules. No further roster cuts or corresponding moves were announced in conjunction with these restructures at this time.
This is a developing story. Check back for updates.
Sources & Original Reporting
