Cowboys' Dak Prescott, Zack Martin Restructure Contracts to Free Up Around $22M

The Dallas Cowboys agreed to restructured contracts with quarterback Dak Prescott and right guard Zack Martin, freeing up about $22 million in salary-cap space.

The moves had been expected for weeks. Prescott's contract was designed for restructuring after the 2021 season, and Martin had two voidable years added to his deal to spread out his cap hit, per Todd Archer of ESPN.

The Cowboys needed to get under the $208.2 million salary cap by the start of the league year next Wednesday. They used a $10.9 million franchise tag on tight end Dalton Schultz before Tuesday's tag deadline, which put a greater onus on their reaching new deals with players.

More moves are expected over the next week. Archer reported the team approached defensive end DeMarcus Lawrence about taking a pay cut but that he declined. It's possible the team will release Lawrence and designate him a post-June 1 cut, which would save $19 million on Dallas' 2022 cap, per Over the Cap.

Wide receiver Amari Cooper's future is also up in the air. ESPN's Adam Schefter reported Friday the Cowboys are "likely" to release Cooper before $20 million of his salary fully guarantees on the fifth day of the new league year. It's possible, however, the sides could reach terms on a new contract.

Michael Gallup and Cedrick Wilson, two of the Cowboys' other top wideouts, are set to be free agents. Gallup is coming off a torn ACL.