In the midst of a dynamic free agency period, the Dallas Cowboys took a more reserved approach, diverging from the high-stakes moves seen by other teams. Opting for strategic conservatism, the Cowboys bolstered their roster without breaking the bank.
Prudent Moves in Free Agency
The headline acquisition for the Cowboys involved signing 32-year-old linebacker Eric Kendricks. This one-year deal is set at $3 million, with incentives potentially pushing the value to $3.5 million. Kendricks' arrival aims to fill the significant void left by the retiring Leighton Vander Esch, bringing veteran experience to the Cowboys' defense.
Addressing their backfield, Dallas re-signed running back Rico Dowdle to a one-year contract worth $1.255 million. This modest investment keeps a familiar face in the fold, contributing to roster stability. The Cowboys also re-signed star running back Ezekiel Elliott after the NFL Draft, securing him with a one-year deal valued at $2 million, potentially increasing to $3 million through incentives.
However, one notable absence in Dallas' lineup is Derrick Henry. The elite running back signed a lucrative two-year, $16 million contract with the Baltimore Ravens at the onset of free agency in March, a deal including $9 million fully guaranteed and the potential to reach $20 million with incentives. Henry's dominance in the league is underscored by his impressive stats: 281 rushing yards, ranking fifth in the NFL, a tie for the lead in rushing touchdowns with four, an average of 5.0 yards per carry, and ranking among the top backs with 65 rushing yards over expectation.
Financial Constraints and Strategic Choices
The decision to pass on Henry attracted some scrutiny. During an appearance on the "Pivot" podcast, Henry revealed his thoughts: "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." Yet, despite the mutual appreciation, the Cowboys did not make a move. "They never reached out, you know what I'm saying? ... They weren't really interested. It is what it is," Henry reflected.
Cowboys owner Jerry Jones offered a pragmatic rationale, stating, "I like our personnel. We couldn't afford Derrick Henry." With the team's salary cap a significant consideration, Jones reiterated, "We couldn't afford Derrick Henry," highlighting the financial constraints Dallas faced. The team took a cautious route, mindful of their fiscal responsibilities, and instead focused on more budget-friendly signings.
Performance Metrics and Challenges
Dallas' strategy appears to be a double-edged sword. Currently ranked 30th in the NFL in rushing, the Cowboys average a mere 73.7 yards per game. Their running backs have recorded only 170 yards and one touchdown on 49 attempts, averaging 3.5 yards per carry. Such performance metrics reflect some of the challenges the Cowboys face on the ground, with the team being minus 74 rushing yards over expectation, outranking only the Chicago Bears and Miami Dolphins.
The fiscal prudence exercised by the management is also evident in the $6.04 million cap charge they will face in 2024 due to Ezekiel Elliott's post-June 1 release designation.
Looking Ahead
Despite the conservative free agency maneuvers and the missed opportunity with Derrick Henry, Jerry Jones has assured fans of a committed effort. He laid out the team’s ambitions firmly, proclaiming that Dallas would be "all in" for the 2024 season. This stalwart declaration hints at a robust strategy lying in wait for the upcoming season, with possible high-stakes moves and plays designed to elevate the team's performance.
As the Cowboys navigate these strategic choices and fiscal constraints, the upcoming season will determine the efficacy of their calculated approach. Jerry Jones' assurance injects a sense of purpose and direction for a franchise renowned for its storied history and aspirations for future glory.