DMN Blog: Cowboys not cash-strapped

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2:13 PM Fri, Oct 23, 2009 | Permalink | Yahoo! Buzz
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According to a report in the National Football Post, only Kansas City has committed less cash on players this season than the Cowboys.

The Cowboys have committed $93.5 million in cash for this season and the Chiefs are last at $89 million. The report inferred that owner and general manager Jerry Jones is hurting for cash because of the $1.15 billion Cowboys Stadium of which Jones is on the hook for roughly $700 million.

"That's not right," executive vice president Stephen Jones said. "We're snug against [the salary cap]."

The Cowboys have roughly $11 million in cap space, a majority of which is being held for DeMarcus Ware. Stephen Jones said the team remains in contact with Ware's agent and Jerry Jones said he is optimistic a deal could be completed before the season ended.

The report also mentioned that the Cowboys were the top-spending team in the league from 2004-08, committing $566 million in cash. What it didn't mention is that the Cowboys were still paying hundreds of millions for the stadium during that time, too.

Last year, the Cowboys spent more than $70 million in bonus money to players before or during last season, like Flozell Adams ($13 million) Terrell Owens ($12.9 million), Terence Newman ($12 million), Marion Barber ($12 million), Roy Williams ($10 million), Ken Hamlin ($9 million), Marc Colombo ($8.1 million) and Zach Thomas ($1 million) while also guaranteeing portions of contracts for rookies Felix Jones, Mike Jenkins and Martellus Bennett ... all while spending millions on the stadium's construction.

Because the Cowboys locked up a number of their key players mentioned earlier, they did not feel the need to sign players to big-money contracts this year. They added Igor Olshansky, Keith Brooking and Gerald Sensabaugh to smaller deals.
 
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