After restructuring Cooks contract, are more splashes in free agency incoming?
Hours after the Cooks trade was made official, Dallas renegotiated the wideout’s contract, turning $8 million of his $12 million salary into a signing bonus. He will now count just $6 million against the cap in 2023, but he’s still making the $18 million he was guaranteed with Houston agreeing to pay $6 million.
It essentially becomes a two-year, $20 million contract, and means Cooks will make WR2/3 money instead of low-end WR1 money.
In 2024, Cooks’ salary dropped from $16.