Cowboys Restructure Contracts, Unlock $66M for Free Agency

0:00On March 4th, the Dallas Cowboys kicked off the 2026 NFL offseason, strapped with the tightest salary cap situation in the league. Despite being well over the new $301 million cap, owner Jerry Jones vowed to chase big free agent moves. On Wednesday, they made it happen by restructuring quarterback Dak Prescott's and offensive tackle Tyler Smith's contracts, unlocking 47, million dollars in space. And move puts them closer to compliance, but they're still 9 million over after those changes. Next up, insiders say they'll tweak why receiver CD-LAMS deal 2, pushing total savings to $66 million. Fans have been clamoring for defensive help after a rough stretch, and this cash infusion answers calls for roster boosts. Jones had promised aggression, and restructuring homegrown stars like these keeps their core intact while opening doors. Even with LAMS adjustment, the Cowboys will have just enough room to sign their draft picks, leaving slim margins for splashy signings.

1:02Officials note they're now cap compliant, but every dollar counts in a competitive market. This sets the stage for Dallas to wheel and deal as free agency heats up, keeping their contention window wide open.