The Dallas Cowboys have restructured quarterback Dak Prescott’s contract to create space under the salary cap, according to the Dallas Morning News. The news was confirmed by the Fort Worth Star-Telegram.
The team is converting Prescott’s $5 million roster bonus into a signing bonus, creating $4 million in 2024 salary cap space. The Cowboys also added two more voidable years onto the end of Prescott’s contract.
The signal-caller still will earn $29 million in 2024, and his salary cap number is $55.455 million, second to only Deshaun Watson of the Cleveland Browns at $63.9 million.