In a mostly reserved approach to this year's free agency, the Dallas Cowboys have made several strategic moves aimed at bolstering their lineup without making a huge splash. While their rivals were signing marquee players, the Cowboys have taken a more cautious route, aligning with their long-term plans.
Key Additions and Re-signings
The most significant addition to the Cowboys roster this offseason is 32-year-old linebacker Eric Kendricks. Kendricks signed a one-year deal worth $3 million, with incentives that could push the contract's value to $3.5 million. Kendricks, a seasoned player, was brought in to fill the void left by the retiring Leighton Vander Esch. This move addresses a critical gap in the Cowboys' defense, ensuring they maintain veteran leadership and experience in their lineup.
On the offensive side, the Cowboys made essential re-signings to address their running back needs. Rico Dowdle was re-signed to a one-year contract worth $1.255 million, ensuring stability and depth in their backfield. Additionally, Ezekiel Elliott returned to Dallas on a one-year, $2 million contract that could increase to $3 million through incentives, following the 2024 NFL Draft in late April. Elliott's return marks a significant emotional and strategic move for the team, despite the financial implications.
Financial Constraints and Strategy
Amidst these additions, the Cowboys faced a $6.04 million cap charge in 2024 due to the post-June 1 release designation of Ezekiel Elliott. This financial constraint might explain their more conservative approach in free agency. While other teams, such as the Baltimore Ravens, opted for high-profile signings, the Cowboys opted to manage their cap space more prudently.
Derrick Henry, arguably one of the most sought-after free agents, signed a two-year, $16 million contract with the Baltimore Ravens in early March. Henry's deal includes $9 million fully guaranteed and potential incentives pushing the contract's value to $20 million. In a candid revelation on the "Pivot" podcast, Henry commented on his free agency process, "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." However, the Cowboys never made an approach, as Henry noted, "They never reached out, you know what I'm saying? ... They weren't really interested. It is what it is."
Owner's Perspective
Cowboys owner Jerry Jones was transparent about the team's financial limitations. When asked about Derrick Henry, Jones said, "We couldn't afford Derrick Henry." He reiterated this stance multiple times, indicating the financial realism guiding the team's decisions. Despite these constraints, Jones expressed confidence in the Cowboys' roster, stating, "I like our personnel. We couldn't afford Derrick Henry." This declaration suggests a belief in the team's current talent and a strategy focused on sustainability rather than short-term splurges.
Team Performance and Future Outlook
The Cowboys' conservative approach might also stem from their current performance metrics. The team ranks 30th in the NFL in rushing, with an average of just 73.7 yards per game. Their running backs have accumulated only 170 yards and one touchdown on 49 attempts, averaging 3.5 yards per carry. These statistics highlight a significant area for potential improvement.
Compared to Derrick Henry's current performance, the contrast is stark. Henry has accumulated 281 rushing yards, placing him fifth in the NFL. He is tied at the top for rushing touchdowns with four and boasts an impressive average of 5.0 yards per carry. With 65 rushing yards over expectation, Henry remains among the league's elite backs.
Yet, Dallas seems to believe in their ability to develop success from within, despite these challenges. Jerry Jones proclaimed that Dallas would be "all in" for the 2024 season, indicating that the team is gearing up for a significant push, likely combining their veteran leadership with emerging talents.
In summary, while the Cowboys have taken a mainly conservative route in this year's free agency, focusing on strategic signings and re-signings, the optimism surrounding their roster and the confidence from upper management indicate a broader plan in play. Time will tell if this measured approach pays off as they prepare for the upcoming season.