The Dallas Cowboys converted $8.6 million of Elliott's $9.6 million base salary...

The Cowboys performed a simple restructure of Ezekiel Elliott's contract to free up cap space ahead of the 2021 season. Dallas converted $8.6 million of Elliott's $9.6 million base salary for the '21 campaign into a signing bonus, which clears $6.88 million in cap space, NFL Network's Tom Pelissero reported, per sources informed of the situation. The restructuring maneuver is a normal one every team does to free up cap space. It's become particularly prevalent in COVID seasons as clubs kick the can down the road. The accounting solution spreads the bonus over the remaining years of the contract to lower the cap number in the present. The restructuring provides the Cowboys with $12 million in cap space for 2021, which is plenty to get through the normal yearly transactions. It could also offer cushion if there is a higher-priced player that Dallas wants to chase via trade at any point during the season. Or the Cowboys could be planning ahead and looking to rollover cap space into next season when it's still not expected to fully rebound to pre-COVID expectations. The move increases Zeke's 2022 cap number by $1.72 million to $18.22 million, per Over The Cap, but since his salary for next year was guaranteed anyway, the slight bump makes little difference for Dallas in the grand scheme. The earliest the Cowboys could move on from Elliott's contract is 2023, which would still cost $11.86 million in dead money. This is the official YouTube page of Law Nation. It is the perfect way to keep up with everything about sports and film breakdown on your desktop or mobile devices. Powered by The Game Day is a new sports & sports betting media company built for today's fan. Check out the link in my bio and my community tab for all their great content, and head to their website https://thegameday.com/ for the latest sportsbook promos, betting tips, expert picks, and sportsbook app reviews." Best Sports Betting Offers👇 https://thegameday.com/betting-picks/ Check us out for more below ⬇️ Website: https://thegameday.com Twitter: https://twitter.com/thegamedaynfl Instagram: https://www.instagram.com/thegamedaynfl Facebook: https://www.facebook.com/thegamedaynfl Join Membership Here https://www.youtube.com/channel/UC4CWCCF4_yxNFcnO5rvUbjQ/join |||||Help Grow The Nation||||| The Merch Store https://www.facebook.com/LawsNationStore ☕️ Paypal: https://www.Paypal.Me/LawNation (Donate Here!) 💲💳 https://Cash.Me/$LawsNation https://streamlabs.com/lawnation/merch Be a patron for Law Nation and support more videos like this! https://www.patreon.com/LawNation ***************************** Subscribe And Like On All Social Media Accounts https://solo.to/lawsnation For business inquiries: LawsNation@Gmail.com (Business inquiries only. All others will be ignored.) ***My Equipment*** Cowboys Spinning Helmet https://amzn.to/3n0YUUF Instrumentals : EpidemicSound | https://www.epidemicsound.com/referral/0lp2di/ All content on this YouTube channel is produced, written, edited & narrated by Law Thomas (except where noted) by Law Thomas for Law Nation LLC. All content on this channel is copyrighted and/or licensed to be used under permitted audiovisual grounds, and/or for the single use of "fair use" under news reporting and/or teaching only. Any false copyright claims or content ID for unauthorized use (i.e. re-upload, replay, audio ripping, video content ripping) of any copyrighted content from this YouTube channel, 'Law Nation'. Our legal team will pursue all legal actions against you. Also, the unauthorized reproduction or distribution of all copyrighted work/content from this YouTube channel, 'Law Nation’, is illegal. Copyright infringement is a criminal federal offense and is punishable by up to 5 years in prison and a fine of $250,000. All rights reserved. *Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS* If you find that I have used your content that does not fall within those guidelines please feel free to contact me directly at (682)-214-4087 Law Nation LLC 5000 Eldorado Parkway, Suite 150-158, Frisco Texas 75033 And remember you're listening to nothing but the best!!