In the current NFL free agency period, the Dallas Cowboys have once again opted for a conservative approach, focusing on strategic additions rather than making headline-grabbing moves. While other teams have made significant investments, the Cowboys have chosen a more measured path.
Key Additions and Re-signings
The most notable addition to the Cowboys' roster this offseason is 32-year-old linebacker Eric Kendricks. Signed to a one-year deal worth $3 million with potential incentives pushing the contract's value to $3.5 million, Kendricks is set to fill the void left by the retiring Leighton Vander Esch.
In addressing their needs at running back, the Cowboys re-signed Rico Dowdle to a one-year contract valued at $1.255 million. This move brings some stability to the backfield, particularly in light of other roster changes.
Ezekiel Elliott, who had spent the previous year away from the team, returned to Dallas on a one-year, $2 million contract. Elliott's deal includes incentives that could raise the value to $3 million, adding a familiar face back into the squad after the 2024 NFL Draft in late April.
Derrick Henry's Free Agency Decision
Meanwhile, one of the more high-profile moves in free agency involved star running back Derrick Henry. Henry signed a two-year, $16 million contract with the Baltimore Ravens in March. The deal includes $9 million fully guaranteed with the potential to reach $20 million through incentives. Despite being linked with Dallas, Henry did not end up with the Cowboys.
In a candid conversation on the "Pivot" podcast, Henry revealed his aspirations: "I was like, man, if I'm not in Tennessee or I don't get to go to Dallas, I'd love to be a Raven." Henry expressed some disappointment over the lack of interest from the Cowboys, stating, "They never reached out, you know what I'm saying? ... They weren't really interested. It is what it is."
This sentiment was echoed by Cowboys owner Jerry Jones, who openly admitted the financial restraints involved: "I like our personnel. We couldn't afford Derrick Henry." Reiterating the point, Jones added, "We couldn't afford Derrick Henry."
Jerry Jones has assured fans that the franchise will be "all in" for the 2024 season, but managing the salary cap while ensuring competitiveness remains a delicate balancing act.
Cap Management and Rushing Challenges
One of the lingering financial considerations is the $6.04 million cap charge the Cowboys face in 2024 due to the post-June 1 release designation of Ezekiel Elliott. This ongoing cap management issue underscores the challenges in balancing the budget while trying to enhance team performance.
The Cowboys have struggled mightily in the rushing department, ranking 30th in the NFL with an average of just 73.7 yards per game. The team’s running backs have accumulated only 170 yards and one touchdown on 49 attempts, averaging 3.5 yards per carry. These statistics reflect a broader issue within the offensive line and the running back corps.
Comparatively, Derrick Henry's performance this season highlights what the Cowboys could have gained. Henry has amassed 281 rushing yards, placing him fifth in the league. He is also tied for the top spot in rushing touchdowns with four and averages an impressive 5.0 yards per carry. His 65 rushing yards over expectation further position him among the league's elite backs.
Conclusion
While Dallas adopts a cautious approach this free agency, they remain optimistic about their 2024 prospects. The strategic additions and re-signings reflect a team poised to balance its financial limitations with on-field competitiveness. As Jerry Jones aims for an "all in" season, fans will be watching closely to see if these calculated moves pay off.