When drafted with the 3rd pick in the 2021 draft by the niners, Trey Lance signed a 4 year, $34 million contract, including a $22 mil signing bonus, with $34 mil guaranteed, and an average annual salary of roughly $8.5 million.
According to Spotrac.com in 2023, Lance will earn a base salary of $940,000, while carrying a cap hit this year of $940K and a dead cap value of $6.25 million. He has two years remaining on that rookie deal he signed in ‘21.
Here‘s the link to the Spotrac info:
https://www.spotrac.com/nfl/dallas-cowboys/trey-lance-72382/
This creates an interesting scenario for the Cowboys. Lance’s rookie deal will end in 2024, making him a potential FA. We all know the Cowboys are negotiating a potential extension with Dak and current backup Cooper Rush just signed a two year $5 million contract with $2.75 mil guaranteed. I can’t see this team with all 3 for two straight years.
With the addition of Lance to the QB room, the Cowboys are now ranked in the top 5 in QB cap spending. I’m not saying that’s good or bad, but I do believe that is probably not where they want to stay long term with the potential Cedee Lamb and Micah Parsons deals looming.
This sets up a very interesting two years for the Cowboys and their future. The 2023 season is already looking very entertaining!