"He will receive $22 million in guaranteed money on his new deal with a $33 million base value, which can go up to $36 million. This also creates $13 million in cap space for the Cowboys. Steele had three years left on the five-year, $82.5 million deal he signed in 2023 that was set to pay him $48.5 million over that span, which means he's taking a pay cut."
"There was some speculation that he could be a cut candidate with the Cowboys being able to save $14 million if he was a post-June 1st cut. However, he's safe for the 2026 season at least with this move."
"Since inking his previous deal, Steele has played in and started all 51 games for the Cowboys, making him the most reliable piece on the offensive line the last three seasons."
The Dallas Cowboys restructured right tackle Terence Steele's contract, reducing his base value from $48.5 million over three years to $33 million with $22 million guaranteed, potentially reaching $36 million. This restructure creates $13 million in cap space for the team. Steele accepted a pay cut from his original 2023 deal, eliminating speculation about him being cut for a $14 million savings. He has started all 51 games for Dallas over the past three seasons, establishing himself as the most reliable offensive lineman on the roster. The move secures Steele through the 2026 season.
Read at Blogging The Boys
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