esloan
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I think they can work out a nice deal pretty easily.
3 years for $25 million with $12.5 guaranteed gives Peterson about $13.5 million in his pocket this year (more than he's due in Minnesota), and effectively guarantees he gets paid whatever salary he's due in 2016 (which he does not currently have in Minnesota). And it allows the Cowboys to spread the cap hit of the guarantee over 3 years (meaning $4 - $4.5 million hitting each year).
You can pay him now, based on just two years if you're willing to absorb about $5 million in dead money in 2017.
Personally, I don't think that amount is prohibitive when you're talking about obtaining a proven Hall of Fame talent and the best running back in the league until proven otherwise.
That is where you and I differ. I think that contract is entirely too much for a 30 year old RB and I think Stephen Jones thinks so too, especially if they have to give up draft picks as well.