Twitter: Cowboys restructure Prescott and Martin

[AbeBeta]

It is probably telling that a Tyron restructure wasn't included in this announcement. They may actually move on. I didn't think they would.

Nothing telling at all. These two were simple restructures. Tyron and Zeke are different types of deals

 

[Risen Star]

 

[MAZEREZAM]

Wait until next offseason to decide on this

 

[Risen Star]

Rapoport's contemplating all the moves we will make.

 

[Aerolithe_Lion]

uh oh. The greedy quarterback surrendered money back to his boss. This is the kind of cooperation between boss and employee that might favorably lengthen their partnership for several more years. Will CowboysZone survive this latest news? Stay tuned true believers!

That’s not what a restructure is; Dak gets paid exactly the same, Jerry just moved the cap hit to later years. So 2023 Dak is cheaper, but he’ll be more expensive in 2024, 2025, etc

 

[Doomsday101]

The way it works is simple.
Bonuses, whether signing or restructure, are still paid in the current year but are allocated across the seasons remaining on the deal. For Dak Prescott he had four years remaining on his deal; 2023 and 2024 are real years but he also has 2025 and 2026 years on the contract where he isn’t actually under contract.
Those are fake years that are in the deal, but void out before they take place. They literally exist for the sole purpose of being able to place some of the cap hit from the deal in years the player is no longer under contract.
Before the conversions, Prescott was set to make $31 million in base salary with another $18.1 million in cap hits from his original bonus and a 2022 restructure.
His base salary was lowered, which lowers his cap hit this year but increases it in 2024, 2025 and 2026.
Dallas turned $29 million of Prescott’s $31 million salary into a bonus, leaving around $2 million of base salary. That bonus is split across the four seasons at $7.25 million each.
So instead of $31 million plus the $18.1 million for a total cap his of $49.1 million, Prescott’s hit is now for $2 million, $7.25 million plus the $18.1 million for a new cap hit of $27.35 million.
That $21.75 million of savings only exists on the cap; Dallas is still paying Prescott $31 million in cash for the 2023 season.

https://cowboyswire.usatoday.com/lists/cowboys-prescott-martin-restructure-2023/

 

[DallasEast]

Where are the gloom and doomers who thought we didn't have any cap space?

Off re-watching The Green Mile for inspiration.

 

[Risen Star]

 

[DallasEast]

That’s not what a restructure is; Dak gets paid exactly the same, Jerry just moved the cap hit to later years. So 2023 Dak is cheaper, but he’ll be more expensive in 2024, 2025, etc

Fourteen minutes prior: https://cowboyszone.com/threads/cowboys-restructure-prescott-and-martin.508889/post-12652658

 

[CowboyoWales]

If the team believes he'll improve in 2023 and last year he was expected to be our WR2, then.......

 

[zrinkill]

This front office never learns

 

[Section446]

Great, virtually guarantees that Dak gets an extension which will also extend the number of years until this team can get serious about a Super Bowl.

 

[Loso86]

If they have room after the 8 year 200mil extension Zeke’s getting!

Umm smh

 

[Risen Star]

If the team believes he'll improve in 2023 and last year he was expected to be our WR2, then.......

That's scary.

 

[TwistedL0g1k]

Where are the gloom and doomers who thought we didn't have any cap space?

It's like a broke person charging that new big screen TV on a credit card.

 

[cnuball21]

Zeke and Tyron should put us around $50 million

Maybe throw in Tank and we can really attack some weaknesses before the draft.

I’ll believe it when I see it…

 

[JBS]

And still a few more guys to go that could save us a ton of money…

Don’t believe the lies Jerry spews. We can spend in FA if we want to.

Nobody believes we can’t spend. Everybody knows we don’t spend. They’re not the same.

 

[jgboys1]

I hope 2023 will be the last season with this guy.

 

[Risen Star]

I hope 2023 will be the last season with this guy.

Well, I intend to stay.

 

[fivetwos]

Don’t overthink it…..

Here’s all you need to know about cap space under the leadership of these two….

They can absolutely create enough to make any move they want. They are also close enough to the limit to where they can justify NOT making any move that fans would welcome.

Cap space means nothing. It can be made if they so desire. Problem is, the kid doesn’t desire. Never does. Thinks draft picks are much more valuable dollar for dollar, and he is right, but you don’t ever have enough of them to make their little plan work.