Good Question: Dallas Cowboys Free Up $13M After Major Contract Renewal: How Much Money Do They Now Have In NFL Free Agency?

The Dallas Cowboys made a big move on Friday that should free up a lot of salary cap space.

The big question now is how much money they will have to spend to improve the roster when NFL free agency begins on March 11.

The Dallas Cowboys have been one of the best teams in the NFL.

Unfortunately, while they have won 12 games over the past three years, their elite play seems to only happen during the regular season.

Therefore, owner and general manager Jerry Jones must find a way to free up more cap space to add to in free agency.Related: Looking at the NFL salary cap in 2024

– All 32 teams headed to NFL free agency.In the offseason, they were one of the franchises over the salary cap and had to make major changes to their payroll in 2024.

It started this week when NFL media Tom Pelissero announced that the team agreed to restructure the contract of nine-time Pro Bowler Zack Martin.

The restructured contract turns a portion of his money into a signing bonus and frees up $13 million in much-needed cap space for the organization, which begins free agency next week.

How much cap space do the Dallas Cowboys have right now before NFL free agency?\dallas CowboysCredit:

Making back $13 million this season is big news for the Cowboys.

But despite that positive development, the team hasn’t accumulated much money to throw at potential free agent targets this month.

While Dallas is no longer over the salary cap, it is believed to be just over $1 million in free space after Martin’s contract cap ( OverTheCapi through).

Their new cap hit for the 2024 NFL season is $242.9 million.

This season’s salary cap reportedly could rise well above $250 million, which means the Cowboys are in a good spot heading into free agency.

Well, not so fast.Detroit Lions reportedly serious contender for major league star in free agency

Detroit Lions reportedly serious contender for major league star in free agencyThe organization also has $14.7 million in free space. – money that puts them near the rumored salary cap for next season.

That’s why Dak Prescott’s contract extension became a big story for the organization this offseason.

A new deal for the team’s starting QB could free up a lot of money this offseason.

The Dallas Cowboys aren’t expected to make big signings in free agency, but getting a good amount back could be crucial.

Getting some players to improve their depth could help re-sign free agents like Tony Pollard, Stephon Gilmore and Tyron Smith when they hit the market on March 11.

ESPN NFL reporter releases unauthorized biography of Dallas Cowboys owner jerry . Jones.

 

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