The Dallas Cowboys took a significant step toward escaping salary cap purgatory.
According to Dallas Gehlken of the Dallas Morning News, the team is restructuring the contracts of Dak Prescott and Zack Martin.
Dallas had this alteration in mind when signing Prescott to a four-year, $160 million extension last year. Per Gehlken, the Cowboys are reducing the quarterback's base salary from $20 million to $2 million to clear up $14.4 million in 2022 cap space.
They're also adding two voidable years to Martin's contract, easing the cap burden in each of his three remaining seasons. The star guard was originally slated to enter 2022 with a $11.8 million base salary.
These changes convert base salary into restructuring bonuses without altering how much Prescott and Martin will make.
The Cowboys need all the help they can get. Per Spotrac, they have a $244.2 million cap hit before these restructured contracts. Yesterday, the NFL set the 2022 salary cap at $208.2 million.
According to NFL Network's Ian Rapoport, Dallas also placed a $10.9 million franchise tag on Dalton Schultz with hopes of signing the tight end to a long-term extension.
Releasing wide receiver Amari Cooper before his $20 million base salary becomes fully guaranteed on March 20 is likely the NFC East squad's next move to limbo under the cap.