1 of 5 | Dallas Cowboys wide receiver CeeDee Lamb and quarterback Dak Prescott (R) agreed to contract extensions in 2024. File Photo by Ian Halperin/UPI | License Photo
The Dallas Cowboys restructured the contracts of Pro Bowl quarterback Dak Prescott, wide receiver CeeDee Lamb and left guard Tyler Smith, a league source told UPI on Wednesday.
With the move, the Cowboys are set to clear about $66 million in salary cap space. The Cowboys were about $55 million over the $301.2 million cap before the restructures.
Prescott, 32, signed a four-year, $240 million contract extension with the Cowboys in 2024. Lamb, 26, signed a four-year, $136 million extension in 2024. They both restructured those deals last off-season. Smith, 24, signed a four-year, $96 million extension in September.
The Cowboys, who placed the franchise tag on wide receiver George Pickens this off-season, have until July 15 to sign the wide receiver to a long-term contract, which would create more space to spend.
Cowboys owner Jerry Jones said last week that he also plans to rework the deals of defensive lineman Quinnen Williams, Kenny Clark and Osa Odighizuwa.
“The only way to push more is for me to go borrow some of my future [money,” Jones told reporters at the NFL scouting combine in Indianapolis. “Expect me to go borrow some of my future.”
NFL free agency will start at 4 p.m. EST March 11, the first day of the new league year. The negotiating window, or legal tampering period, begins at noon Monday.
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Seattle Seahawks quarterback Sam Darnold (L) embraces the Super Bowl MVP, running back Kenneth Walker III, after the Seahawks defeated the New England Patriots 29-13 to win Super Bowl LX at Levi’s Stadium in Santa Clara, Calif., on February 8, 2026. Photo by John Angelillo/UPI | License Photo
