While the Dallas Cowboys didn't embark on the massive spending spree that Jerry Jones hinted at during the initial wave of this 2026 NFL free agency period, it's important to remember that he did take care of some business ahead of time, first re-signing running back Javonte Williams to a new three-year deal and also ensuring the return of wideout George Pickens by placing the franchise tag on the Second-Team All-Pro.
When the legal tampering period for unrestricted free agents finally opened this past Monday, it wasn't a signing that marked the Cowboys' biggest move of the day, but a trade, as theysent a fourth-round pick in the 2027 draft to the Green Bay Packers in exchange for edge rusher Rashan Gary, thus acquiring some much-needed help on the defensive side of the football.
Later that day, more defensive help was added, as the Cowboys came to terms on a three-year, $33 million contract with safety Jalen Thompson, and they've since also brought in veteran cornerback Cobie Durant on a one-year deal.
Dallas will undoubtedly add more players in the next week or two, and the team now has eight picks in next month's draft, including a pair of first-rounders and a new third-rounder from the San Francisco 49ers that was acquired in the Osa Odighizuwa trade.
So, the roster is filling out nicely and will only get better. As such, the Cowboys have seen their odds to win Super Bowl 61 improve. It isn't a big jump by any stretch of the imagination, but they have at least broken into the top half.
The Dallas Cowboys break into the top half of the Super Bowl 61 betting odds
In the immediate aftermath of the Seattle Seahawks' Super Bowl 60 victory over the New England Patriots, we took a look at the way-too-early odds for Super Bowl 61, which will be contested on February 14, 2027, at SoFi Stadium, the joint home of the Los Angeles Rams and Los Angeles Chargers.
At that time, the Cowboys ranked 17th overall with +3500 odds to win. As mentioned above, they didn't take a big leap after this first wave of free agency, but they did at least improve a touch, bumping up into a tie for 16th alongside the Cincinnati Bengals at +3000. Hey, it's something, right?
Team | Super Bowl 61 | AFC | NFC |
|---|---|---|---|
Los Angeles Rams | +750 | — | +400 |
Seattle Seahawks | +900 | — | +475 |
Baltimore Ravens | +900 | +450 | — |
Buffalo Bills | +900 | +475 | — |
Kansas City Chiefs | +1500 | +750 | — |
Green Bay Packers | +1500 | — | +750 |
Philadelphia Eagles | +1600 | — | +800 |
San Francisco 49ers | +1700 | — | +800 |
Los Angeles Chargers | +1700 | +850 | — |
Detroit Lions | +1700 | — | +850 |
Houston Texans | +1800 | +900 | — |
New England Patriots | +1800 | +950 | — |
Denver Broncos | +1900 | +1000 | — |
Jacksonville Jaguars | +2500 | +1200 | — |
Chicago Bears | +2500 | — | +1300 |
Dallas Cowboys | +3000 | — | +1600 |
Cincinnati Bengals | +3000 | +1400 | — |
Tampa Bay Buccaneers | +4000 | — | +1900 |
Pittsburgh Steelers | +5000 | +2200 | — |
Minnesota Vikings | +5500 | — | +2800 |
Washington Commanders | +6500 | — | +3500 |
Indianapolis Colts | +6500 | +3000 | — |
New York Giants | +7000 | — | +4500 |
New Orleans Saints | +7500 | — | +4000 |
Carolina Panthers | +9000 | — | +4500 |
Tennessee Titans | +10000 | +4500 | — |
Atlanta Falcons | +10000 | — | +4500 |
New York Jets | +16000 | +7500 | — |
Miami Dolphins | +16000 | +7500 | — |
Las Vegas Raiders | +16000 | +7500 | — |
Cleveland Browns | +16000 | +7500 | — |
Arizona Cardinals | +30000 | — | +15000 |
As you can see, Dallas is ranked eighth among NFC teams and is currently getting +1600 odds to represent the conference in the Super Bowl. The Cowboys, of course, haven't been to either the Super Bowl or the NFC Championship Game in 30 years, their last appearance in both coming at the end of the 1995 campaign.
Not pictured in the table above are the divisional breakdowns. In that regard, the Cowboys are being given the second-best shot to win the NFC East at +235. The Philadelphia Eagles are currently the favorites at +110, with the Washington Commanders going off at +450, and the New York Giants sitting at +650.
All betting odds courtesy of DraftKings. Game odds refresh periodically and are subject to change. The content in this article should not be considered betting advice. Gambling involves risk, and one should only gamble with funds that one can comfortably afford to lose. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.