The Dallas Cowboys are in deep waters the next few seasons when it comes to their salary cap. Signing veteran’s the long, overpriced contracts and cutting players resulting in dumpsters full of dead money have put this franchise in a financial tail spin. But lucky for Big “D” relief is on the way. And it’s spelled N-F-L.
NFL.com’s Kevin Patra is reporting that the NFL is expected to raise the salary cap limits today from $123 million in 2013 to nearly $130 million in 2014.
This anticipated increase should really help the Cowboys who were struggling to make the necessary contract adjustments to fit under the salary cap by the NFL deadline of March 11th. Currently, the Pittsburgh Steelers are the only other NFL team over the cap in 2014. (Approximately, $8.5 million)
According to overthecap.com, the Cowboys are currently $20.9 million over the salary cap. Today’s possible raise in the cap limit could put Dallas in the $14 million range, which is still tough but extremely more manageable.
The extra space means Dallas could be possible players in free agency. It also means every other NFL team will have increased space to sign free agents.
This possible cap raise would also allow the Cowboys to sign their own pending free agents like running back DeMarco Murray, tackle Tyron Smith and wide receiver Dez Bryant sooner rather than later. As for Smith, the Cowboys have a fifth-year option on him they will surely use. As for Murray and Bryant, there is always the franchise tag. So, the Cowboys aren’t necessarily in a rush.