Cowboys Rework Ezekiel Elliott’s Deal

The Cowboys have converted $8.6MM of Ezekiel Elliott‘s $9.6M base salary into a signing bonus (Twitter link via Field Yates of ESPN.com). The move gives the Cowboys an extra $6.88M in cap space for the current year by spreading that obligation across future seasons.

The restructuring leaves Dallas with an estimated $12MM in room for the current year. That’ll give them enough room to swing a substantial trade between now and the fall deadline. Or, if they don’t make a huge splash, they can roll some of those dollars to next year.

Elliott is signed through 2026 thanks to the six-year, $90MM re-up he signed a couple years back. The revision doesn’t change much on his end — Zeke remains tied for the second-highest average annual value in the league among running backs. Knotted with Alvin Kamara, Panthers star Christian McCaffrey is the only RB to rank higher.

The Cowboys are hoping that Elliott can get back to his old form in 2021. The three-time Pro Bowler finished 2020 with just 979 yards and a 4.0 yards per carry average.

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