The Facts: Field Yates of ESPN reports that they have restructured running back Elliott's contract. They converted $8.6 million of his $9.6 million base salary to a signing bonus.
Diehards Line:
The move adds $6.88 million in cap space for the Cowboys to use this season. That could come in handy if a player of interest hits the market as a free agent or trade option when teams make their moves to get to 53 players this week. Elliott is signed through 2026 and the rest of that cap hit will be stretched out over the rest of the deal.