The Cowboys have created cap space by restructuring Dak Prescott

The Dallas Cowboys flicked their magic wand on Wednesday afternoon and created over $35M in salary cap space thanks to a restructure of Dak Prescott’s contract. Sometimes it really is that easy.

The Cowboys have restructured Dak Prescott’s contract, opening up $36.6 million in cap space, per source. That’s $56.6 million created in the last two days with the CeeDee Lamb move, too.

— Todd Archer (@toddarcher) March 5, 2025

This news comes just one day after the Cowboys flicked their wand over CeeDee Lamb’s deal and created $20M in salary cap space. As Todd Archer did the math on, that is $56.5M created in a 24 hour period (approximating here). Again, that easy.

To be clear here, these are moves that were very predictable. They were not predictable as of late, they were predictable the moment that the deals were negotiated late last year. This is all by design and is a common occurrence in the NFL.

Restructures are mechanisms that the team employ and have nothing to do with the players in terms of decisions. No money is lost from the players, this is all about the accounting of things relative to the salary cap as noted.

OverTheCap now has the Cowboys with the eighth-most salary cap space (actual and effective) in the NFL. That is more than enough to be active next week.

The Cowboys have created cap space by restructuring Dak Prescott OverTheCap

Time will tell whether or not the Cowboys are gearing up to do something specific or if they are clearing this for other purposes. Jerry Jones threw cold water on the idea of being active in free agency after Zack Martin’s retirement press conference, but it is possible that it was some sort of gamesmanship.

Next week will be… something.

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