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The Dallas Cowboys have been spending on several deals over the last two weeks, starting with their own players before starting to bring in outside free agents in the last week. Starting with Christian Covington and proceeding through Kerry Hyder and Randall Cobb, Dallas is starting to round out their roster, but they still have plenty more to do before fans feel they’ve made a big step towards improving on their divisional round finish.
With the new contracts comes a new salary ledger, as the team works underneath the $188.2 million cap which every NFL team operates with. After calculating the reported cap hits of the several new deals along with the carryover of cap space from 2018, our calculations say Dallas has around $17.3 million of cap space remaining for 2019.
These are estimated numbers based on recent reports and what Over The Cap has already calculated. The NFLPA has slightly different numbers, giving Dallas around $1.6 million more of space. The fun part? Neither of the two resources add up properly to themselves with the numbers they make public. Key ingredients are being left out of the sauce!
Both outlets have the same number of active players on Dallas’ roster, 64, meaning they are not including L.P. Ladouceur, Tavon Austin, Cobb and Hyder, the latest additions. Camp body long-snapper Drew Scott will not likely be in the Top 51, so he is not a concern here.
We’ve added the others in our calculations to get to the current cap space.
Here are the expected cap hits:
Kerry Hyder – $887,500 (Todd Archer)
Randall Cobb – $4,562,000 (Archer)
TavonAustin – $1,328,000 (Archer)
L.P. Ladouceur $735,000 (Archer)
We have Dallas with around $182.7 million in cap charges.
When adding 2018’s cap carryover of over $11.7 million, that’s how we arrive at our figure of $16.7 million in space ($188.2M + $11.8M = $200M – $182.7M = $17.3 million).
Difference in Current Space, Usable Space
Yes, Dallas has $17.3 million (or $18.9 million using the NFLPA numbers) but they can’t use it all.
Dallas has to earmark around $1 million to make up the difference in cap hits from their draft class, which currently sits with six picks, with the first being No. 58. Trades up or down will alter this figure, but in the end the first-year hits from rookies will replace several of the guys at the bottom of the Top 51.
The Top 51 is the rule by which the league calculates salary in the offseason, only the top 51 salaries of the 90-man roster count towards the cap.
That shrinks Dallas’ usable window down to around $16.3 million.
Dallas also likes to take several million dollars of space into the season, to make sure they can sign players when injuries mount. This generally doesn’t go above a couple million, but the club still needs a strong buffer. We generally put this buffer around $5 million, though some teams plan for less.
Placing Dallas’ in-season wiggle room between $3 million and $5 million, they have between $11.3 million to $13.3 million remaining to continue shopping under OTC’s projections.
Using the NFLPA’s numbers (adding $1.6 million in space), that puts them at $14.9 million of maximum usable space.
Getting More Space, Using More Space
Dallas has several long-term deals they can make to create more cap room, like extending DeMarcus Lawrence or Amari Cooper. There are also a handful of contracts the Cowboys can restructure if more room is necessary.
Even without that extra room, Dallas still has room to do a few things. Multi-year agreements, which Dallas seems to be purposely avoiding this offseason, often carry low first-year cap numbers as signing bonuses are paid up front but allocated to each cap year evenly to lessen the impact. They could sign a player to a deal with a $15 million annual salary and fit it neatly under their usable space.
Dallas is known to currently be in negotiations with safety Eric Berry and defensive end Robert Quinn. Quinn is still under contract with the Miami Dolphins, but they have agreed to trade him, allowing him to negotiate with other teams, and it has been reported the Dolphins are willing to eat some of Quinn’s $11.8 million salary for 2019.
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With the new contracts comes a new salary ledger, as the team works underneath the $188.2 million cap which every NFL team operates with. After calculating the reported cap hits of the several new deals along with the carryover of cap space from 2018, our calculations say Dallas has around $17.3 million of cap space remaining for 2019.
These are estimated numbers based on recent reports and what Over The Cap has already calculated. The NFLPA has slightly different numbers, giving Dallas around $1.6 million more of space. The fun part? Neither of the two resources add up properly to themselves with the numbers they make public. Key ingredients are being left out of the sauce!
Both outlets have the same number of active players on Dallas’ roster, 64, meaning they are not including L.P. Ladouceur, Tavon Austin, Cobb and Hyder, the latest additions. Camp body long-snapper Drew Scott will not likely be in the Top 51, so he is not a concern here.
We’ve added the others in our calculations to get to the current cap space.
Here are the expected cap hits:
Kerry Hyder – $887,500 (Todd Archer)
Randall Cobb – $4,562,000 (Archer)
TavonAustin – $1,328,000 (Archer)
L.P. Ladouceur $735,000 (Archer)
We have Dallas with around $182.7 million in cap charges.
When adding 2018’s cap carryover of over $11.7 million, that’s how we arrive at our figure of $16.7 million in space ($188.2M + $11.8M = $200M – $182.7M = $17.3 million).
Difference in Current Space, Usable Space
Yes, Dallas has $17.3 million (or $18.9 million using the NFLPA numbers) but they can’t use it all.
Dallas has to earmark around $1 million to make up the difference in cap hits from their draft class, which currently sits with six picks, with the first being No. 58. Trades up or down will alter this figure, but in the end the first-year hits from rookies will replace several of the guys at the bottom of the Top 51.
The Top 51 is the rule by which the league calculates salary in the offseason, only the top 51 salaries of the 90-man roster count towards the cap.
That shrinks Dallas’ usable window down to around $16.3 million.
Dallas also likes to take several million dollars of space into the season, to make sure they can sign players when injuries mount. This generally doesn’t go above a couple million, but the club still needs a strong buffer. We generally put this buffer around $5 million, though some teams plan for less.
Placing Dallas’ in-season wiggle room between $3 million and $5 million, they have between $11.3 million to $13.3 million remaining to continue shopping under OTC’s projections.
Using the NFLPA’s numbers (adding $1.6 million in space), that puts them at $14.9 million of maximum usable space.
Getting More Space, Using More Space
Dallas has several long-term deals they can make to create more cap room, like extending DeMarcus Lawrence or Amari Cooper. There are also a handful of contracts the Cowboys can restructure if more room is necessary.
Even without that extra room, Dallas still has room to do a few things. Multi-year agreements, which Dallas seems to be purposely avoiding this offseason, often carry low first-year cap numbers as signing bonuses are paid up front but allocated to each cap year evenly to lessen the impact. They could sign a player to a deal with a $15 million annual salary and fit it neatly under their usable space.
Dallas is known to currently be in negotiations with safety Eric Berry and defensive end Robert Quinn. Quinn is still under contract with the Miami Dolphins, but they have agreed to trade him, allowing him to negotiate with other teams, and it has been reported the Dolphins are willing to eat some of Quinn’s $11.8 million salary for 2019.
Gallery
6 free agent running backs for Cowboys to consider in 2019
Continue reading...
