The Cowboys have spent the back end of training camp doing more than just tinkering. Dallas has been busy reshaping the books, and the latest moves have only intensified the sense that Jerry Jones and the front office may be setting up something bigger.
It started last week, when the team reworked the contracts of defensive tackle Kenny Clark, cornerback DaRon Bland and tight end Jake Ferguson. Those restructures created roughly $19 million in salary cap room, giving Dallas a much cleaner financial picture heading toward the 2026-27 NFL season.
Then Thursday night brought another round of action. The Cowboys extended backup tight end Brevyn Spann-Ford, who opened the season as TE2 on the team’s unofficial depth chart, and then agreed to a one-year, $6 million deal with receiver Ryan Flournoy. That Flournoy contract matches the cost of the 2027 second-round restricted free agent tender, which Dallas was likely to use anyway.
The moves keep two young contributors in Dallas for a little longer, but the bigger takeaway is what they do for the cap. Before the restructures, the Cowboys were sitting on about $14.2 million in space.
Add in the nearly $19 million from those contract adjustments, and the number is now around $35 million. The full cap impact of the Spann-Ford and Flournoy deals still has to be confirmed, but there’s clearly room for a “substantive” player if Dallas wants one.
That was enough to send fans down the speculation rabbit hole almost immediately.
"Yeah can’t tell me something ain’t in the works," popular Cowboys creator Attack! on Cowboys wrote on X. "They are positioning too many things right now."
Others saw the moves as a way to get ahead of future negotiations, especially with George Pickens next offseason.
Dallas is really taking care of a lot of the underlying contracts - maybe to create a clearer picture headed into GP negotiations next year? https://t.co/dljX4JP7Hq
And then there are the names that keep hanging over all of this. The Cowboys have been connected to Las Vegas Raiders pass rusher Maxx Crosby since early in the offseason, though they ultimately came up short in their pursuit. More recently, Pittsburgh Steelers cornerback Joey Porter Jr. has also remained in the conversation.
Jones didn’t exactly shut the door on the idea of a move, either.
"You could look for it to be defensively," Jones said. "You could more than likely see depth on defense. Defense would be the place.
"The timing is conspicuously obvious. But yeah, we could use it for this year's team.
The cap is fungible, it laps over into multi-years, 3 or 4 on parts that you make available. That's hard to put your finger on.
But that does show that we have really viable, serious room financially to make a trade if we wanted to right now."
For now, Dallas has done enough to make people look twice. The Cowboys are operating differently as they head toward 2026, and every new contract seems to add another layer to the idea that something larger could be coming.
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For Dallas, that is where the discomfort begins. The Seahawks are expected to stay the course with their current quarterbacks, and Darnolds hip injury is not expected to send him to injured reserve, but any quarterback injury in September tends to sharpen the market for depth. If another team decides it needs a live arm, the Cowboys could suddenly find themselves in the position every front office tries to avoid: protecting a developmental quarterback who has become more visible than they probably wanted. [Read more 🡒]
Cowboys Fans Should Be Watching What The Raiders Just Did
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For the Cowboys, the name that hangs over this is Maxx Crosby, a player whose future has long drawn attention whenever the Raiders gain cap breathing room. Las Vegas could still decide to use the space elsewhere, whether on free agents or by rolling it into next season, but the restructure does at least keep the door open for something bigger, and that is the part Dallas fans will want to monitor closely. [Read more 🡒]
Cowboys Suddenly Have A New Running Back Depth Concern
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The team has other backs on the roster and practice squad who could be asked to handle the load if Davis is not available, but the bigger issue now is simply waiting to learn what happened. His status for the upcoming game is unclear, and until the Cowboys get more information, they will have one more spot in the offense to monitor closely. [Read more 🡒]