In a move that largely mirrored their conservative strategy in this year's NFL free agency, the Dallas Cowboys have taken a reserved stance while other teams made more substantial moves. This approach underscores the Cowboys' methodical and calculated approach in the early stages of free agency.
Kendricks Joins Dallas
The most notable addition to the Cowboys' roster was the acquisition of 32-year-old linebacker Eric Kendricks. Kendricks signed a one-year deal worth $3 million, with potential incentives bringing the contract's total value up to $3.5 million. This signing fills the void left by the retiring Leighton Vander Esch, adding experience and depth to the Cowboys' defense.
Backfield Adjustments
Addressing their needs in the running back department, the Cowboys opted to re-sign Rico Dowdle to a one-year contract valued at $1.255 million. Additionally, Ezekiel Elliott returned to the team after the 2024 NFL Draft, securing a one-year, $2 million deal. Elliott's contract could increase to $3 million if he meets certain performance incentives, showcasing the Cowboys' faith in his ability to contribute despite a challenging previous season. However, Dallas faces a $6.04 million cap charge in 2024 due to the post-June 1 release designation of Elliott.
Running Game Woes
Dallas's rushing attack has been underwhelming, ranking 30th in the NFL with an average of just 73.7 yards per game. The Cowboys' running backs have managed only 170 yards and one touchdown on 49 attempts, averaging a modest 3.5 yards per carry. Their rushing yards over expectation place them near the bottom of the league, only above the Chicago Bears and Miami Dolphins.
Derrick Henry's Move to Baltimore
The most seismic shift in this year's free agency involved Derrick Henry, who signed a two-year, $16 million contract with the Baltimore Ravens during March's early free agency period. Henry's deal includes $9 million fully guaranteed and could escalate to $20 million with incentives.
Henry’s performance this season has validated the Ravens' investment. Ranking fifth in the NFL with 281 rushing yards, Henry is tied at the top for the most rushing touchdowns with four to his name. His impressive average of 5.0 yards per carry and 65 rushing yards over expectation positions him among the league's elite running backs.
Reflecting on his move, Henry shared on the "Pivot" podcast, "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." Concerning the Cowboys' interest, he noted, "They never reached out, you know what I'm saying? ... They weren't really interested. It is what it is."
Financial Constraints
Cowboys owner Jerry Jones addressed the situation candidly, stating, "I like our personnel. We couldn't afford Derrick Henry." Jones iterated his belief in the current roster but admitted the financial constraints precluded signing Henry.
Looking Forward
Amidst these adjustments and financial calculations, Jerry Jones has boldly proclaimed that Dallas would be "all in" for the 2024 season. This declaration hints at more strategic and potentially aggressive moves in the future as the team strives to enhance its performance and roster depth.
As the Cowboys navigate their season, their conservative approach will be under scrutiny, particularly against the backdrop of high-performing adversaries. The team’s ability to maximize its current roster and effectively utilize new additions like Kendricks will be key to improving their standings and tackling the rigorous demands of the NFL season.