Reality is if the Cowboys wanted a mid-tier guy like Henry, they could have signed him if they truly wanted to.
This is all excuse making and rationalizing by him to cover up the fact they simply choose not to spend real money in FA like most other teams. They are dragging their feet on extensions because they simply do not want to create cap space that fans would then wonder why they aren't using.
Lamb is a $17.5MM hit this year. Sign an extension and they could drop that initial cap hit to like $5MM saving nearly $12.5MM. You could get a Henry for that. Further, it's not like the Cowboys don't have cap space in the future. Per Over the Cap they are 8th in cap space for next year (before rollovers, etc) at $80MM and then 2nd in 2026 with just under $210MM in cap space available. So they have the availability into the future to restructure, sign guys, etc.
They chose not to. Because their strategy is simply to ignore FA. So be honest, Stephen. You weren't active in FA because you chose not to be.