In a strategic move shaping their roster for the upcoming NFL season, the Dallas Cowboys continued their conservative approach through free agency, a stance they maintained while other teams took bolder steps. Amidst the relatively quiet off-season, the Cowboys made calculated decisions to address key positions, most notably signing veteran linebacker Eric Kendricks.
Key Additions and Contracts
Dallas secured the services of 32-year-old Kendricks on a one-year deal valued at $3 million, with incentives that could push the total to $3.5 million. Kendricks was specifically brought in to fill the void left by the retiring linebacker Leighton Vander Esch, reflecting the team's focus on maintaining defensive solidity.
On the offensive side, Dallas opted to re-sign running back Rico Dowdle with a one-year contract worth $1.255 million. Adding depth to the running back position, the Cowboys also welcomed back Ezekiel Elliott. After the completion of the 2024 NFL Draft, Elliott agreed to a one-year contract potentially valued at $3 million, inclusive of incentives.
Elliott's Financial Impact
Despite retaining Elliott, the Cowboys face a financial repercussion in 2024 due to the post-June 1 release designation of the veteran running back. This maneuver imposes a $6.04 million cap charge for the team, underlining the financial complexities that accompany maintaining a star-studded roster while managing salary cap constraints.
Running Game Struggles
The Cowboys' conservative strategy off the field has yet to translate into tangible success on the ground. Ranking 30th in the NFL for rushing, Dallas has averaged a mere 73.7 yards per game, a statistic that starkly highlights their struggles. With their running backs combining for just 170 yards and one touchdown on 49 attempts, averaging 3.5 yards per carry, the need for improvement is evident.
Assessing their performance relative to expectations, the Cowboys are minus 74 rushing yards over expectation, placing them among the league's lowest, just ahead of the Chicago Bears and Miami Dolphins.
Derrick Henry’s Impact Elsewhere
While Dallas grappled with its fiscal strategies and on-field challenges, Derrick Henry made a significant impact elsewhere. Henry signed a two-year, $16 million contract with the Baltimore Ravens at the onset of free agency in March. His deal includes $9 million fully guaranteed, with the potential earnings reaching $20 million through incentives.
Henry's performance thus far attests to his elite status among NFL running backs. Accumulating 281 rushing yards, he ranks fifth in the league and is tied at the top for rushing touchdowns with four to his name. Averaging 5.0 yards per carry and 65 rushing yards over expectation, Henry's proficiency accentuates the Cowboys' missed opportunity.
Missed Chances and Financial Constraints
In a revealing interview on the "Pivot" podcast, Henry reflected on his possible destinations during free agency, stating, "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." He candidly added, "They never reached out, you know what I'm saying? ... They weren't really interested. It is what it is."
Cowboys owner Jerry Jones confirmed their financial limitations regarding Henry's acquisition. "I like our personnel. We couldn't afford Derrick Henry," Jones remarked, reiterating multiple times the fiscal constraints that dictated their cautious approach. Despite the budgetary restraints, Jones proclaimed Dallas would be "all in" for the 2024 season.
Looking Forward
As the offseason unfolds, the Cowboys remain focused on optimizing their existing roster within their financial means. Balancing experienced re-signings against fiscal prudence, Dallas aims to strengthen their position both defensively and offensively. While the allure of high-profile signings continues to captivate, the Cowboys' commitment to measured, strategic additions could define their success in the forthcoming season.