Cowboys Re-sign Steele, Free Up Cap Space

0:00On March 9th, the Dallas Cowboys are kicking off free agency with a key move, resigning right-tackle Terence Steel to a new contract. It includes $22 million in guaranteed money, a base value of $33 million, and potential to reach $36 million. This deal also frees up $13 million in cap space for the team. Steel had three years remaining on his prior five-year deal worth $82.5 million, which would have paid him $48.5 million over that time. By agreeing to this extension, he's taken a pay cut to help the Cowboys manage their finances better. Fans and analysts had speculated about cutting him after June 1st, which could have saved the team $14 million. But Steel has been rock solid, starting all 51 games since signing his last contract and anchoring the offensive line. This restructure keeps him secure through the 2026 season and signals the Cowboys' aggressive approach to building their roster.

1:00With caproom now available, Dallas looks prime for more free agency splashes to strengthen their lineup heading into next season.