Cowboys Extended Terence Steele’s Contract By Five Years
Undrafted free agents seldom produce quality NFL offensive linemen. One exception is Terence Steele.
A crucial member of the Dallas offensive line, Steele went undrafted in 2020. A five-year, $86.8 million deal extension with the Cowboys has been given to him, according to Adam Schefter of ESPN.com. $5 million in potential upside is included in the contract’s guaranteed total of $50 million.
It’s a six-year, $91.1 million deal, including the $4.304 million Steele was eligible to get in 2023. Its average new-money value is $17.36 million, and its annual revenue from signings is $15.18 million.
The agreement was made as the Cowboys were about to face two significant contract difficulties. One was the debilitating $59.455 million cap charge for Dak Prescott in 2024. The other is caused by the widely held belief that Micah Parsons will anticipate being the highest-paid defensive player in NFL history as soon as the 2023 season is over.
Steele won’t be taken up by another club in free agency, but that chance has been removed.
With 45 regular-season appearances and 40 starts, the former Texas Tech tackle has experience. In 2021, he additionally hauled in a touchdown catch.
