Friday, May 4, 2012
Cowboys' rookie pool set at $5.7 million
By Todd Archer
IRVING, Texas – The Dallas Cowboys' rookie pool has been set at $5,714,522 million.
According to NFL figures, the Cowboys have roughly $2.145 million in cap space after signing Jermey Parnell to a three-year deal last week.
The rookie pool is essentially a cap within the cap, and the draft picks will count roughly $3 million toward the overall cap. The Cowboys will gain $6 million in salary cap space after June 1 because of Terence Newman's release. Currently, the Cowboys have enough money to sign all of their draft picks except first-rounder Morris Claiborne.
While some teams have already started signing draft picks, the Cowboys have waited until the last week before training camp to enter into talks with the players' agents. That approach could change this week.