In the dynamic world of the NFL, the Dallas Cowboys have chosen to take a conservative approach in this year's free agency, diverging from the more aggressive strategies of many other teams. Despite the excitement surrounding the open market, the Cowboys have made only a few calculated moves, reflecting a strategy that's cautious yet purposeful.
Key Additions and Re-signings
The most notable addition to the Cowboys' roster is the signing of veteran linebacker Eric Kendricks. At 32, Kendricks joins Dallas on a one-year deal worth $3 million, with incentives that could increase the total value to $3.5 million. Kendricks has been tasked with filling the void left by the retired Leighton Vander Esch, bringing experience and stability to the linebacker position.
Continuing their focus on addressing critical needs, the Cowboys managed to secure the services of running back Rico Dowdle for another season with a one-year contract valued at $1.255 million. This move aims to bolster their backfield, which has seen its share of challenges.
Additionally, Ezekiel Elliott returned to Dallas after the 2024 NFL Draft, signing a one-year, $2 million contract. Elliott's deal has the potential to increase to $3 million through various incentives. Despite his return, the Cowboys face a $6.04 million cap charge in 2024 due to his post-June 1 release designation.
Challenges in the Running Game
The Cowboys' running game has struggled significantly, currently ranking 30th in the NFL with an average of just 73.7 yards per game. Their running backs have collectively managed only 170 yards and one touchdown on 49 attempts, averaging a disappointing 3.5 yards per carry. This has led to a deficit of 74 rushing yards over expectation, placing them just above the Chicago Bears and Miami Dolphins in this disheartening metric.
In stark contrast, Derrick Henry, who many had speculated could join the Cowboys, signed a two-year, $16 million contract with the Baltimore Ravens at the start of free agency. Henry's deal includes $9 million fully guaranteed and the potential to reach $20 million through incentives. This move solidified the Ravens' backfield, making Henry one of the league's elite backs. As of now, he has accumulated 281 rushing yards and is tied for the top spot in rushing touchdowns with four. His average of 5.0 yards per carry and 65 rushing yards over expectation highlight his exceptional play.
Missed Opportunities and Financial Constraints
Despite the speculation, Henry did not end up with the Cowboys, much to the chagrin of some fans. "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," Henry revealed on the "Pivot" podcast. He also mentioned that the Cowboys never reached out to him, stating, "They never reached out, you know what I'm saying? ... They weren't really interested. It is what it is."
Cowboys owner Jerry Jones acknowledged the financial constraints that kept Henry from donning a Dallas uniform. "I like our personnel. We couldn't afford Derrick Henry," Jones remarked, emphasizing the team's budgetary limitations. His sentiment was clear and reiterated multiple times: "We couldn't afford Derrick Henry."
Looking Ahead
With a roster that balances veteran presence and emerging talent, the Cowboys remain focused on strategic, financially prudent decisions. Jerry Jones has assured fans that Dallas will be "all in" for the 2024 season. As the team continues to solidify its identity and address key needs, the path ahead will require both shrewd financial management and tactical on-field adjustments to recapture their storied success.