Thursday, February 28, 2008

DMN Blog: Cowboys Looking for Money (Salary Cap talk)

by Todd Archer

Now that the Cowboys have tendered three of their four restricted free agents - Marion Barber, Chris Canty and Joe Berger - they have chewed up $5.5 million in salary-cap space. Add in the $4.396 million franchise tag fee on free safety Ken Hamlin and the $1.25 million on Zach Thomas and that's $11.15 million.

They want to re-sign Flozell Adams, too. At some point the Cowboys are going to have to create some room against the cap to be players in free agency.

Where do they get the money?

In terms of restructuring, Tony Romo is the obvious choice. He is scheduled to earn a $6.5 million base salary. If they knock that down to the $605,000 minimum for a six-year player and turn the rest into signing bonus, they can create $4.8 million in cap room.

Where else? We documented earlier a $500,000 savings if Akin Ayodele is traded or cut when talking about the linebackers. And letting go of nose tackle Jason Ferguson would save them $2.4 million.Those numbers would increase if either was designated a post-June 1 cut.