NFL
Cowboys Salary Cap: Dallas Restructures Dak Prescott Contract
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Get to know Dan Girolamo betterPublished05 Mar 2025
The Dallas Cowboys have restructured Dak Prescott’s contract. Find out how much money the Cowboys freed up and how it impacts the salary cap.
Cowboys Restructure Dak Prescott’s Contract
The Cowboys have restructured Dak Prescott's contract, opening up $36.6 million in cap space, per source. That's $56.6 million created in the last two days with the CeeDee Lamb move, too.
— Todd Archer (@toddarcher) March 5, 2025
Per ESPN’s Todd Archer, the Cowboys have restructured Prescott’s contract.
Dallas converted $45.75 million of Prescott’s base salary to a signing bonus, creating $36.6 million in cap space.
Prescott was set to have the highest salary cap hit in the NFL at $89.89 million. After the restructured deal, Prescott’s cap hit is a more manageable $53.29 million.
The move comes one day after the Cowboys restructured wide receiver CeeDee Lamb’s contract to free up an additional $20 million.
The Cowboys have created around $57 million in cap space to use on players in 2025.
Keep in mind that the NFL’s salary cap is moving to $279.2 million, an increase of nearly $25 million from the previous year.
Dallas Cowboys Cap Space And Free Agents
.@MinaKimes doesn't understand "what's so hard" about the Cowboys extending All-Pro LB Micah Parsons 😅
"You take the top edge contract … then you add some money. Boom. Done." pic.twitter.com/B6u3nuustj
— NFL on ESPN (@ESPNNFL) March 3, 2025
Per OverTheCap, the Cowboys have approximately $54.3 million in cap space.
All eyes are now on pass rusher Micah Parsons. The All-Pro is entering the fifth and final season of his rookie deal at $22.06 million.
If Parsons signs a contract extension, it will actually lower his cap number and create more space for Dallas.
If there’s one thing the Cowboys do, it’s take their time with extensions.
Prescott and Lamb signed their respective extensions right before the regular season began.
The longer the Cowboys wait, the better it is for Parsons.
Las Vegas Raiders pass rusher Maxx Crosby just reset the market, becoming the highest-paid pass rusher in the NFL at $35.5 million annually.
Conventional wisdom says that Parsons’ new contract extension will exceed Crosby’s number.
