The Dallas Cowboys restructured quarterback Dak Prescott’s contract on Wednesday, carving out $36.6 million in cap space, according to multiple reports.The Cowboys created a total of $56.6 million under the 2025 salary cap the past two days by reworking wide receiver CeeDee Lamb’s contract on Tuesday before addressing Prescott’s deal.Pass rusher Micah Parsons is expected to receive a long-term extension this offseason to avoid a contentious holdout the likes of which dominated training camp last summer, where Lamb refused to report and perform on the fifth-year option in his rookie contract.Parsons’ value could be impacted by the agreement announced Wednesday between the Raiders and defensive end Maxx Crosby, who became the highest-paid non-quarterback in the NFL with a three-year, $106.5 million extension.The Cowboys converted $45.75 million of Prescott’s 2025 salary into a signing bonus. Prescott signed a four-year, $240 million extension with the club last September. He’ll now count $52.9 million against the Cowboys’ cap in 2025.
